Trump's Truth Social Will Go Public After DWAC Approves Merger
DWACDigital World Acquisition (DWAC) Forbes·2024-03-22 22:55

Topline Former President Donald Trump’s social media platform Truth Social will become publicly traded after Digital World Acquisition Corp. shareholders approved a merger with its parent company on Friday, multiple outlets reported, ending years of delay and potentially offering Trump a significant windfall amid mounting legal fees. Key Facts Trump would own a majority stake of nearly 79 million shares in the company, according to the Associated Press, which could equate to more than $3 billion at Digital ...