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Posted by: thepinetree on 10/21/2021 04:03 PM
Updated by: thepinetree on 10/21/2021 04:03 PM
Expires: 01/01/2026 12:00 AM
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Trump Media & Technology Group to Become Public Company Through Merger
Palm Beach, FL...Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval. The transaction values Trump Media & Technology Group at an initial enterprise value of $875 Million, with a potential additional earnout of $825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group’s growth plans initially will be funded by DWAC’s cash in trust of $293 Million (assuming no redemptions).
Trump Media & Technology Group's mission is to create a rival to the liberal media consortium and fight back against the "Big Tech” companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.
Trump Media & Technology Group (“TMTG”) will soon be launching a social network, named "TRUTH Social." TRUTH Social is now available for Pre-Order in the Apple App store. TRUTH Social plans to begin its Beta Launch for invited guests in November 2021. A nationwide rollout is expected in the first quarter of 2022. Those who are interested in joining TRUTH Social may now visit www.truthsocial.com to sign up for the invite list.
President Donald J. Trump, the Chairman of TMTG, stated, “I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!”
Patrick F. Orlando, Chairman/CEO of DWAC, stated, "Digital World was formed to create public shareholder value and we believe that TMTG is one of the most promising business combination partners to fulfill that purpose. DWAC currently has $293 Million in trust, assuming minimal redemptions, which can fuel TMTG’s scale up, including to provide world class leading technology services to build strong and secure social networks and diverse media offerings. Given the total addressable market and President Trump’s large following, we believe the TMTG opportunity has the potential to create significant shareholder value.”
Additionally, TMTG intends to launch a subscription video on demand service (TMTG+). TMTG+ will feature 'non-woke' entertainment programming, news, podcasts, and more. TMTG has named Scott St. John as the leader of TMTG+ Corporate Operations. Scott St. John is the Executive Producer of “Deal or No Deal’ and “America’s Got Talent” and has produced over 1,000 hours of Network and Cable TV.
Please visit TMTG’s corporate website at www.tmtgcorp.com for a Company Overview, and a video tour of TRUTH Social.
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No Subject
Posted on: 2021-10-21 17:05:23
By: Anonymous
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Good for President Trump! It is nice to see him back in the picture and show what kind of ass holes these Demorats really are. TRUMP 2024! LETS GO BRANDON! FUK JOE BIDEN! SAVE AMERICA! IMPEACH BIDEN NOW!
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Re:
Posted on: 2021-10-21 17:08:19
By: Anonymous
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We all know who you are since we see your sign on Rte 4 on the way to the Avery dump. So sad to be so far down the Trump rabbit hole.
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Re:
Posted on: 2021-10-21 20:35:38
By: Anonymous
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You don't know who the hell I am so just STFU! You are just another Demorat who wants to shut people up if they don't agree with you so you can just eat sh*t and die mother fuker.
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Re:
Posted on: 2021-10-22 07:30:14
By: Anonymous
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^And the mother I fuk is yours
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Re:
Posted on: 2021-10-22 08:28:05
By: Anonymous
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Mom went transgender how is it?
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Re:
Posted on: 2021-10-22 08:34:58
By: Anonymous
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+632
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Re: what assholes....
Posted on: 2021-10-21 18:37:25
By: Anonymous
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And don't forget to send $45.
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Re: what assholes....
Posted on: 2021-10-21 20:07:49
By: Anonymous
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A Trump Technology Group?
This is a joke, right?
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Re: what assholes....
Posted on: 2021-10-22 07:30:55
By: Anonymous
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Yes HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
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Re: what assholes....
Posted on: 2021-10-23 16:03:49
By: Anonymous
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😂😂😂🤪🤪🤪😂😂😂🤪🤪🤪😂😂😂🤪🤪🤪👃👃👃👃👃👃👃👃👃💩💩💩💩💩💩💩💩💩
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No Subject
Posted on: 2021-10-21 17:07:19
By: Anonymous
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Trump doesn't give a hoot about your voice or public policy. This is about his attempt to control the media now that others have turned away from him, along with making a buck.
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Re:
Posted on: 2021-10-21 17:42:36
By: Anonymous
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This opens the door for continual fake news spewing from him.
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Re: Dotards
Posted on: 2021-10-21 18:08:15
By: Anonymous
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And the dotards continue to follow their false profit.
Continue to throw your money away.
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Trump lost
Posted on: 2021-10-21 18:30:06
By: Anonymous
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Donald is over . Get over it . He lost the election. Because he is an idiot .
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Re: Dotards
Posted on: 2021-10-21 20:04:19
By: Anonymous
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Yes, I'd like to know what constitutes that $293M trust, and how it's secured. This sounds like a scam to suck in investors' money. I would bet the money is gone, and this is history in 2 or 3 years
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Re: Dotards
Posted on: 2021-10-23 16:05:47
By: Anonymous
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That’s exactly what it is and it’s already fallen apart! 😂😂😂
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No Subject
Posted on: 2021-10-21 19:34:08
By: Anonymous
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I feel sorry for DWAC. I hope this business is successful for DWAC's sake.
Every non- real estate business Trump was involved with failed, he ran for president as a joke (his words not mine) and failed as a president, and this business will most likely fail too.
More people dislike him than like him. He will spend his last dime to buy acceptance by many. However, that will never happen.
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Re:
Posted on: 2021-10-21 23:14:12
By: Anonymous
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Trump has been far from a perfect businessman. But, look at the shambles the dems are turning our country into. Biden/Harris have never created one private sector tax generating job.
They couldn't run a successful lemonade stand.
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Re:
Posted on: 2021-10-22 05:39:50
By: Anonymous
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But you bought the load of sour grapes Biden/Harris sold you. That's too bad. You have our sympathy.
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Re:
Posted on: 2021-10-22 07:11:56
By: Anonymous
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Pump and dump scheme if you ask me. Trading already halted again today.
TRUTH ? He should have just called it PRAVDA.
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Re:
Posted on: 2021-10-22 07:22:16
By: Anonymous
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Yep, the money is just rolling in, millions! I'm sure Donald is happy to see that, and I'm sure he has plans to see it roll out also.
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Re:
Posted on: 2021-10-22 07:35:43
By: Anonymous
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Waiting for Deutsche Bank to call in the loans.
Read Dark Towers ( about Deutsche Bank). Everything and everyone this guy comes into contact with comes to grief.
I guess if you lay with dogs.....
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Re:
Posted on: 2021-10-22 07:32:45
By: Anonymous
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Trump Pump, Hump, Slump & Dump.
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Re:
Posted on: 2021-10-22 08:31:00
By: Anonymous
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sniveler the volunteer librarian is a PUSSY...
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Re:
Posted on: 2021-10-22 08:33:08
By: Anonymous
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sniveler enjoys being humped and dumped...
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Re:
Posted on: 2021-10-22 08:34:31
By: Anonymous
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Sniveler I need to be licked...
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Re:
Posted on: 2021-10-22 08:39:02
By: Anonymous
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I thought you were more into 5 year olds.
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Posted on: 2021-10-22 08:36:53
By: Anonymous
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Trading halted several times today. Hedge Funds already dumping DWAC positions. Love it , couldnt happen to a better person. Unfortunately how he operates there is probably no money of his own in there. Name recognition (for what its worth) doesnt seem to be enough anymore. You need an actual business plan.
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Re:
Posted on: 2021-10-22 08:42:36
By: Anonymous
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Market manipulation, DWAC just bought a regulatory investigation and several share holder lawsuits. Welcome to Trumpworld.
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Re: Liberalism is a Mental Disorder
Posted on: 2021-10-22 09:00:55
By: Anonymous
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I've never seen so much appreciation for a sitting president or an ex-president. Like it or not President Trump shows what patriotism looks like. The "never-Trumpers" show what hate looks like.
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Re: Liberalism is a Mental Disorder
Posted on: 2021-10-22 11:18:30
By: Anonymous
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Dotards need to send Trump more money.
Free speech can only thrive with more money.
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Re: Liberalism is a Mental Disorder and so much appreciation
Posted on: 2021-10-22 11:24:46
By: Anonymous
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The majority appreciate that Trump doesn't know how to run a successful campaign.
The majority have said good riddance to that loser.
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Re: shambles
Posted on: 2021-10-22 11:21:37
By: Anonymous
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Lemonade stand?
No, but they know how to get sour grapes out of dotards.
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Re: shambles
Posted on: 2021-10-22 11:28:48
By: Anonymous
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Our lying media is just managing the sheep.BAA People in North Korea think they are hearing the truth just like the American sheepels.Baa
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Trump lost
Posted on: 2021-10-23 13:07:20
By: Anonymous
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Sounds like your actually believe trumps lying . What are you stupid or something ?
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Re: Trump lost
Posted on: 2021-10-24 17:47:49
By: Anonymous
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Wow that Biden has done such a great job ,I am now a Dem. I bet that transgender general sends shivers thru our enemies--- it does me.
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