yesterday >> The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion
SEC clears Trump's social media deal worth as much as $10 billion
but >> Trump is expected to profit almost 4 BILLION dollars given his 58% stake in the company, Truth Social and Trump media, and the current stock price.
The DWAC Truth Social Merger will net Trump $4 billion at current prices. BUT what the "stans" don't understand >> Lock-up rules block him from cashing any of that in for 6 months.
CounterSocial is the first Social Network Platform to take a zero-tolerance stance to hostile nations, bot accounts and trolls who are weaponizing OUR social media platforms and freedoms to engage in influence operations against us. And we're here to counter it.
sidenote:
yesterday >> The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion
SEC clears Trump's social media deal worth as much as $10 billion
https://www.reuters.com/markets/deals/digital-world-shares-surge-us-regulators-clear-way-merger-with-trumps-media-firm-2024-02-15/