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President-elect Donald Trump's attorney general pick, Pam Bondi, made at least $3 million from the merger that formed the parent company of Trump's Truth Social platform, her new personal ...
Truth Social owner Trump Media & Technology Group has finalized its deal to go public, ... News of the merger’s completion propelled shares of Digital World up 21%. Buying continued Monday ...
Truth Social launched in February 2022, one year after Trump was banned from major social platforms including Facebook and Twitter, the platform now known as X, following the Jan. 6 insurrection ...
Shareholders in Digital World Acquisition Corp. voted Friday to approve a merger with Donald Trump’s social media company, a deal that could net the former president an eventual windfall of $3 ...
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. ... About half of that was legal expenses related to its merger with ...
On February 21, 2022, TMTG launched the social network Truth Social. By April 2023, Trump reported earning less than $201 from TMTG. [23] On June 8, 2022, Trump and five others, including Trump Jr., Patel and Glabe left TMTG's board before the SEC and the Manhattan grand jury investigating Trump's business practices issued subpoenas.
The SEC has cleared the merger of Trump Media & Technology Group (which owns Truth Social) and Digital World Acquisition Corp. (DWAC), a SPAC which plans to bring the company public.
Truth Social “appears to be a meme or cult stock,” says Michael Klausner, ... So far this year shares have risen 133% as the prospect of the SPAC merger, and subsequent IPO, get closer to ...