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Old 22-03-2024, 03:07 PM #1
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Smile Donald Trump to net $3bn after investors approve Truth Social to go public



Investors approved plans to take Donald Trump’s social media platform public on Friday, netting the former president a paper fortune of $3bn.

Trump Media & Technology, the firm behind his social network Truth Social, has spent years fighting to land on the stock market via a so-called “blank check” merger with a shell company.

It finally succeeded on Friday morning, following a vote of shareholders in Digital World Acquisition, the vehicle with which Trump’s business has sought to combine.

https://www.theguardian.com/us-news/...p-truth-social

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