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