Former President Donald Trump just made billions of dollars, but it may be too late for the financial windfall to save him.Shareholders of Digital World Acquisition Corp. , an existing shell company, agreed to merge with Trump Media and Technology Group on Friday, clearing the way for the former president's company to go public without all the hoops of a traditional initial public offering.With 79 million shares, Trump now owns more than 50 percent of the post-merger company.
in October 2021.However, the agreement was held up by a two-year investigation by the Securities and Exchange Commission because special purpose acquisition companies, like
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swing State Democrats Agree with Donald Trump: U.S. Needs Aggressive Tariffs on China-Made CarsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Will Donald Trump Have To Sell Trump Tower To Pay Legal Bills?Trump Tower was valued at $371 million in 2017 but its current worth is unclear and New York's attorney general has said Trump has overvalued the building.
Source: Newsweek - 🏆 468. / 52 Read more »
Democrats using ‘communist tactics’ to stop Donald Trump: Lara TrumpLara Trump accused Democrats of using 'communist tactics' to defeat Donald Trump.
Source: dcexaminer - 🏆 6. / 94 Read more »
Mary Trump Weighs In on Jimmy Kimmel's Donald Trump JokeThe writer is often critical of her uncle and she seemed to approve of the joke made at his expense on Sunday.
Source: Newsweek - 🏆 468. / 52 Read more »
Mary Trump's Dire Warning After Donald Trump's 'Bloodbath' Remark'His statement is both a threat and a promise,' the former president's estranged niece said.
Source: Newsweek - 🏆 468. / 52 Read more »
Ex-Trump Official Exposes Donald Trump's StrategyA former Trump ally says that the former president is blaming his legal problems on others as part of a calculated bid to reclaim the White House.
Source: Newsweek - 🏆 468. / 52 Read more »