"Shareholders in Digital World Acquisition Corp. (DWAC) approved a merger with former President Trump’s media startup on Friday teeing up Truth Social’s stock market debut and a potential $3.5 billion windfall for Trump.
The long-delayed merger between the blank check company and Trump Media & Technology Group received regulatory approval from the Securities and Exchange Commission (SEC) last month.
Trump stands to make about $3.5 billion from the deal, given the nearly 79 million shares he would control in the newly merged company."
DWAC / TMTG merger was delayed intentionally for Trump lawsuit fines to be issued so that Trump could get a couple billion dollars after the courts decided he owed $500M.
The whole thing is a giant fuck you to the machine trying to take him down 😂😂😂
If Trump got $3B before the verdict, Judge fuckhead would have set the fine at $3B instead of $500M.
Trump will get the bond money back...and James and NY will never get a property!
This is all because he started a platform to share truth. HA HA HA.
i keep saying, he will come out of this pickle over the time frame of Monday...WITH A FUCKING SPLASH! 💦TRUMP STYLE!
👌👌
"Shareholders in Digital World Acquisition Corp. (DWAC) approved a merger with former President Trump’s media startup on Friday teeing up Truth Social’s stock market debut and a potential $3.5 billion windfall for Trump.
The long-delayed merger between the blank check company and Trump Media & Technology Group received regulatory approval from the Securities and Exchange Commission (SEC) last month.
Trump stands to make about $3.5 billion from the deal, given the nearly 79 million shares he would control in the newly merged company."
READ (https://thehill.com/business/4549540-digital-world-shareholders-approve-merger-with-trump-media/)
https://archive.is/vbJ1d
If the price stays above 17.45 for 20 days Trump gets another 50 million shares making the total he would make 5.4B.
Seventeen? Forty five? Interesting coincidence, that.
I thought they had something in place where he can't immediately sell his shares. 6 months I think in the contract?
Most likely. But like any asset, he can take a loan against it. I don’t know if the “master” has any say in that.
Will they go after that too, what a movie!
I've seen 3B, 4B, and 5.6B
What's a few billion, he's gonna be fine
God wins.
Sounds like it's time for a Securities and Exchange Commission investigation over...checks notes... something!
Yep the timing is impeccable. Coincidence?
The lefts heads will explode.....gotta catch the view lol
Pure speculation / bullshit:
DWAC / TMTG merger was delayed intentionally for Trump lawsuit fines to be issued so that Trump could get a couple billion dollars after the courts decided he owed $500M.
The whole thing is a giant fuck you to the machine trying to take him down 😂😂😂
If Trump got $3B before the verdict, Judge fuckhead would have set the fine at $3B instead of $500M.
Tell the truth and you never have to fear anyone.
They will automatically convert to shares of the new company ticker $DJT probably next week, as early as Monday.