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posted ago by ghostclown ago by ghostclown +132 / -0

Regarding DWAC from Benzinga:

The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.

“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.

A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”

The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.

https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time