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Trump's Truth Social nears Wall Street listing that could yield millions
Declan HartyThu, February 15, 2024, 1:51 PM CST
Shares in Digital World Acquisition Corp., or DWAC, skyrocketed more than 25 percent on the news Thursday.
The deal, if completed, will make Trump the combined company's largest investor with more than 78 million shares. That could mean he would hold as much as 69 percent of the outstanding stock
Trump's Truth Social nears Wall Street listing that could yield millions
The deal could inject some $300 million into the company, which operates Trump’s social media bullhorn, Truth Social.
news.yahoo.com