NEWS

SPAC tied to Trump’s media venture seeks investor support -sources

according to reuters,

Nov 8 (Reuters) – Digital World Acquisition Corp (DWAC.O) is pitching prospective investors to back private investment in public equity (PIPE) transactions supporting its special purpose acquisition company (SPAC) merger with former U.S. President Donald Trump’s social media venture, people familiar with the matter said on Monday.

The talks are at an early stage and hedge fund investors were pitched for investment in the past few days, the sources said.

They said DWAC aims to sell PIPEs at well over $10 per share. Most PIPEs for special purpose acquisition companies are sold at $10 per share.

DWAC has seen its stock jump almost 500% since its link with Trump’s Truth Social venture network was announced.

Digital World and Trump Media & Technology Group were not immediately available for a comment.

Trump and other Trump Media & Technology Group shareholders will initially own 69% of the combined company after the merger with the Miami-based blank-check firm, a regulatory filing showed last month

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2 Comments

  1. Dear beloved Honorable President Donald J Trump, we the American people stand with you and so does the free world. I want to purchase stock in your new Truth Social network, but I am unable to find out how to invest. Will you email me and tell me how to do that. I thank you for not walking away from we the people of the free world. We must give our military and our Police tranquilizer weapons to use on those criminals forcing their way into our country . We must stand firm, Build the WALL, place traitors in prison and give them A one way ticket off planet Earth with no return. We must get firm because these bullies think we will just lay over and let them run over we the people. Pelosi is abusing old sick Joe Biden, they are forcing this old sick man to do what they demand, elderly abuse is A national crime and that is what they are doing. Harris could not pass A 6th grade knowledge test. She RUNS away when important matters face and put in front of her. She is A disgrace and she refuses to talk to the press because she does not know the answers. We have the old Naze’s Hitler’s like CIA, FBI, and skull and bones and satanic worshipers in the swamp .They want our money, our businesses and our churches, and our freedom. We the people of Free America stand with our allies like Australia, Japan, England, Germany, and Russia and all the free capitalism countries. The swamp has been trying for years to get Russia to declare War against us ,they have been trying to force China to war against us and they have given millions of Americas money to Iran why?their goal is to have us to destroy each other so they can controle the world . The Cabal is EVIL. America and the free worlds must stay strong together with our allies.The Cabal wan ts to destroy the free nation s, to destroy our way iof life. The Cabal is fighting like fire to take down America and the free world, they wan t to kill we the free people and bring us under the New World Order common-est party.. We are facing the old Nazie war again..

  2. Our world governments must bring in the freedom fighters of our nation’s our Brave Honorable soldiers and stop the Cabal.

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