The former president’s social media company is finally set to go public. Mr. Trump could borrow against the value of his stake in the company.
Category: Trump Media & Technology Group
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Potential Obstacle to Trump Media’s Merger Appears to Have Been Cleared
Two early founders of Donald Trump’s social media company reached a temporary truce with the company on Saturday.
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Trump Media Sued by Co-Founders, Threatening to Delay Its Merger
Lawsuits could stall Trump Media’s long-delayed merger, which would provide the social media company with cash to fund Donald J. Trump’s Truth Social.
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Trump Media’s Impending Merger May Give Him a Financial Lifeline
The deadline for the former president to pay a $454 million civil fraud penalty coincides with the expected closing of a deal involving his social media platform, Truth Social.
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Digital World Shares Surge as Republican Primary Field Narrows
Shares of the SPAC that plans to merge with Trump Media jumped after Donald Trump’s rival Ron DeSantis quit the primary race.
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Buyer of Trump’s Truth Social Gets More Time to Complete Long-Delayed Merger
Shareholders in a shell company that has been trying for nearly two years to merge with former President Donald Trump’s media company approved a 12-month extension to complete the deal.
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Shell Company Seeks to Extend Deadline for Merger With Trump Media
The merger has been delayed several times since it was announced in October 2021, but now faces a time crunch before a looming liquidation date.
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Shell Company Seeks to Extend Deadline for Merger With Trump Media
The merger has been delayed several times since it was announced in October 2021, but now faces a time crunch before a looming liquidation date.
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SPAC Tied to Trump’s Media Company Will Pay $18 Million to Regulators
Digital World will pay a penalty to the Securities and Exchange Commission to settle an investigation into its planned merger with Trump Media & Technology Group.
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SPAC Tied to Trump’s Media Business Says It Has a Deal With Regulators
Digital World’s settlement with the S.E.C. could clear the way for a merger with Trump Media & Technology Group.
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On Trump’s Truth Social: Ads for Miracle Cures, Scams and Fake Merchandise
The New York Times – Business:Truth Social, the social network started by former President Donald J. Trump, has struggled to attract large brands.
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SPAC Linked to Trump’s Media Company Is Granted an Extension on Merger
The New York Times – Business:Digital World now has more time to close its proposed union with Trump Media. But with Twitter welcoming Mr. Trump back, his media company could be less attractive to investors.