Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Truth Social Acquisition Closes, Begins Trading as DJT Tuesday [Trump's Wealth Soars Billions]
Breitbart ^ | 3/25/24 | John Carney

Posted on 03/25/2024 1:31:28 PM PDT by Avalon Memories

The merger of Truth Social’s parent company and the special purpose company set up to acquire it was completed Monday.

Shares of the combined company, which will be named Trump Media & Technology Group (TMTG), are expected to begin trading on the Nasdaq stock exchange under the ticker symbol DJT.

TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer, Devin G. Nunes, and its existing management team.

Shares of DWAC, the special acquisition vehicle, soared on Monday. At around noon, they were up by more than 20 percent.

(Excerpt) Read more at breitbart.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections; US: New York
KEYWORDS: acquisition; bidencrimefamily; captainpeterblood; corrupticrats; demagogicparty; djt; dwac; marxism; nasdaq; trump; truthsocial
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-72 next last
Devin Nunes' loyalty to President Trump and MAGA has been richly rewarded and deservedly so.
1 posted on 03/25/2024 1:31:28 PM PDT by Avalon Memories
[ Post Reply | Private Reply | View Replies]

To: Avalon Memories

I had no idea he was involved. I assume we are talking about the former CA representative. Really liked him...great guy and I do not want to be disappointed in him as has happened with others...


2 posted on 03/25/2024 1:34:57 PM PDT by Thank You Rush
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories

note it will list on NASDAQ, not NYSE. DJT explained why in his impromptu remarks. HINT: just a little bit of karma, NY.


3 posted on 03/25/2024 1:35:32 PM PDT by avital2 ("n)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories

Expect the attacks against this new company and everyone involved to be thick and fierce.


4 posted on 03/25/2024 1:36:28 PM PDT by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories

I’m still surprised this merger was allowed under the Biteme administration.


5 posted on 03/25/2024 1:38:14 PM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021? )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories

This has been a very good few days:)

Trump gets richer. Lol.

Sweet!


6 posted on 03/25/2024 1:38:29 PM PDT by isthisnickcool (1218 - NEVER FORGET!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Thank You Rush
I assume we are talking about the former CA representative.

Yes, that Devin Nunes. When Trump created Truth Social, he tapped Nunes to be the CEO. Devin did a great job getting Truth Social off the ground and competitive. Now there is this great merger.

7 posted on 03/25/2024 1:39:52 PM PDT by Avalon Memories (Liberalism is a philosophy of sniveling brats. -- P.J. O’Rourke)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Avalon Memories

Sold most of mine today at 50.85

Bought $15 last fall

Mainly because when there is symbol change some trading companies have a short delay

In other words you might not be able to sell tomorrow morning

I expect large price swings tomorrow and perhaps a halt to trading at times
( It happened before in the initial mania)


8 posted on 03/25/2024 1:42:23 PM PDT by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
[ Post Reply | Private Reply | To 1 | View Replies]

To: A Navy Vet

I’m still surprised this merger was allowed under the Biteme administration.
___
The SEC tried to delay it as long as possible with “investigations”

Several Republican Congressmen sent them letters in the past few months blasting them


9 posted on 03/25/2024 1:46:05 PM PDT by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
[ Post Reply | Private Reply | To 5 | View Replies]

To: isthisnickcool

If anyone could use some FU money, its Trump.


10 posted on 03/25/2024 1:46:18 PM PDT by Nachoman (Proudly oppressing people of color since 1957.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: A Navy Vet
I’m still surprised this merger was allowed under the Biteme administration.

They threw up roadblocks for the past couple years — but finally relented.

But, like you, I’m surprised they didn’t just kill it totally.

11 posted on 03/25/2024 1:47:11 PM PDT by rhinohunter (Elections have consequences. Stolen elections have catastrophic consequences.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: isthisnickcool

Steven Dennis
@StevenTDennis
Follow
BREAKING from Bloomberg: Trump’s wealth SOARS to record $6.4 billion on SPAC deal, making him one of the world’s 500 richest people.


12 posted on 03/25/2024 1:47:21 PM PDT by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
[ Post Reply | Private Reply | To 6 | View Replies]

To: fwdude

Except Conservatives pay with their pocketbooks not their mouths. I hope the stock skyrockets and nets Trump billions for all they have put him through. It also shows an example of someone building something - not living off tax-payers which Americans love.


13 posted on 03/25/2024 1:48:36 PM PDT by thepatriot1 (...brought to you courtesy of the Red, White and Blue)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Avalon Memories

What was meant for evil, ...


14 posted on 03/25/2024 1:49:07 PM PDT by Raycpa
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories

“begin trading on the Nasdaq stock exchange under the ticker symbol DJT”

Got a lib across the street with serious Trump derangement syndrome that’s heavy in the stock market.....every time he checks now he’s gonna see “DJT”.

That may just be the push he needs to finally go over the edge and start running around the neighborhood in his underwear swinging a butcher knife. LOL! 😂


15 posted on 03/25/2024 1:49:48 PM PDT by V_TWIN (America...so great even the people that hate it refuse to leave!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Avalon Memories
Shares of DWAC, the special acquisition vehicle, soared on Monday. At around noon, they were up by more than 20 percent.

Up more than 35%

DWAC stock jumps 35% on Trump’s reduced bond, post-merger ticker news
16 posted on 03/25/2024 1:50:28 PM PDT by Brown Deer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brown Deer
Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People
17 posted on 03/25/2024 1:55:24 PM PDT by thepatriot1 (...brought to you courtesy of the Red, White and Blue)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Brown Deer

That’s great. I hope the stock price goes through the roof even though I won’t be able to afford it.


18 posted on 03/25/2024 2:03:47 PM PDT by Avalon Memories (Liberalism is a philosophy of sniveling brats. -- P.J. O’Rourke)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Avalon Memories

Probably being looked at as VP next. You never know


19 posted on 03/25/2024 2:03:52 PM PDT by wiseprince (Me)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Avalon Memories

remembering how Nunes was among first to alert DJT to what was going on in Deep State early on in 2017 - and was sidelined with an Ethics investigation as a reward by the Dems. i hope he’s making a pile off of this.


20 posted on 03/25/2024 2:04:20 PM PDT by avital2 ("n)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-72 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson