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Forwarded from GEORGENEWS
TRUMP MEDIA AND TECHNOLOGY GROUP
OCTOBER 20, 2021
PALM BEACCH, FL
Announcing Trump Media & Technology Group
PALM BEACH, FL -- October 20, 2021 -- Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval. The transaction values Trump Media & Technology Group at an initial enterprise value of $875 Million, with a potential additional earnout of $825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group's growth plans initially will be funded by DWAC's cash in trust of $293 Million (assuming no redemptions).
Trump Media & Technology Group's mission is to create a rival to the liberal media consortium and fight back against the "Big Tech" companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.
Trump Media & Technology Group ("TMTG") will soon be launching a social network, named "TRUTH Social." TRUTH Social is now available for Pre-Order in the Apple App store. TRUTH Social plans to begin its Beta Launch for invited guests in November 2021. A nationwide rollout is expected in the first quarter of 2022. Those who are interested in joining TRUTH Social may now visit www.truthsocial.com to sign up for the invite list.
President Donald J. Trump, the Chairman of TMTG, stated,
"I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn't someone stand up to Big Tech? Well, we will be soon!"
Patrick F. Orlando, Chairman/CEO of DWAC, stated, "Digital World was formed to create public shareholder value and we believe that TMTG is one of the most promising business combination partners to fulfill that purpose. DWAC currently has $293 Million in trust, assuming minimal redemptions, which can fuel TMTG's scale up, including to provide world class leading technology services to build strong and secure social networks and diverse media offerings. Given the total addressable market and President Trump's large following, we believe the TMTG opportunity has the potential to create significant shareholder value."
Additionally, TMTG intends to launch a subnoscription video on demand service (TMTG+). TMTG+ will feature 'non-woke' entertainment programming, news, podcasts, and more. TMTG has named Scott St. John as the leader of TMTG+ Corporate Operations. Scott St. John is the Executive Producer of "Deal or No Deal' and "America's Got Talent" and has produced over 1,000 hours of Network and Cable TV.
Please visit TMTG's corporate website at www.tmtgcorp.com for a Company Overview, and a video tour of TRUTH Social.
Transaction Overview:
The transaction is subject to approval by stockholders of DWAC and TMTG and other customary closing conditions, including any applicable regulatory approvals. Additional information about the transaction will be provided in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission ("SEC") and available at www.sec.gov. In addition, the Company intends to file a registration statement on Form S-4 with the SEC (the "Registration Statement"), which will include a proxy statement/prospectus of DWAC, and will file other documents regarding the proposed business combination with the SEC.
Advisors
EF Hutton is acting as sole financial and capital markets advisor to DWAC.
(Page 1 of 4)
OCTOBER 20, 2021
PALM BEACCH, FL
Announcing Trump Media & Technology Group
PALM BEACH, FL -- October 20, 2021 -- Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval. The transaction values Trump Media & Technology Group at an initial enterprise value of $875 Million, with a potential additional earnout of $825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group's growth plans initially will be funded by DWAC's cash in trust of $293 Million (assuming no redemptions).
Trump Media & Technology Group's mission is to create a rival to the liberal media consortium and fight back against the "Big Tech" companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.
Trump Media & Technology Group ("TMTG") will soon be launching a social network, named "TRUTH Social." TRUTH Social is now available for Pre-Order in the Apple App store. TRUTH Social plans to begin its Beta Launch for invited guests in November 2021. A nationwide rollout is expected in the first quarter of 2022. Those who are interested in joining TRUTH Social may now visit www.truthsocial.com to sign up for the invite list.
President Donald J. Trump, the Chairman of TMTG, stated,
"I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn't someone stand up to Big Tech? Well, we will be soon!"
Patrick F. Orlando, Chairman/CEO of DWAC, stated, "Digital World was formed to create public shareholder value and we believe that TMTG is one of the most promising business combination partners to fulfill that purpose. DWAC currently has $293 Million in trust, assuming minimal redemptions, which can fuel TMTG's scale up, including to provide world class leading technology services to build strong and secure social networks and diverse media offerings. Given the total addressable market and President Trump's large following, we believe the TMTG opportunity has the potential to create significant shareholder value."
Additionally, TMTG intends to launch a subnoscription video on demand service (TMTG+). TMTG+ will feature 'non-woke' entertainment programming, news, podcasts, and more. TMTG has named Scott St. John as the leader of TMTG+ Corporate Operations. Scott St. John is the Executive Producer of "Deal or No Deal' and "America's Got Talent" and has produced over 1,000 hours of Network and Cable TV.
Please visit TMTG's corporate website at www.tmtgcorp.com for a Company Overview, and a video tour of TRUTH Social.
Transaction Overview:
The transaction is subject to approval by stockholders of DWAC and TMTG and other customary closing conditions, including any applicable regulatory approvals. Additional information about the transaction will be provided in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission ("SEC") and available at www.sec.gov. In addition, the Company intends to file a registration statement on Form S-4 with the SEC (the "Registration Statement"), which will include a proxy statement/prospectus of DWAC, and will file other documents regarding the proposed business combination with the SEC.
Advisors
EF Hutton is acting as sole financial and capital markets advisor to DWAC.
(Page 1 of 4)
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More info here - https://news.1rj.ru/str/georgenews/2809
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GEORGENEWS
Additional Information and Where to Find It
In connection with the merger agreement and the proposed business combination, the Company intends to file with the SEC a Registration Statement, which will include a preliminary proxy statement/prospectus and…
In connection with the merger agreement and the proposed business combination, the Company intends to file with the SEC a Registration Statement, which will include a preliminary proxy statement/prospectus and…
Forwarded from GEORGENEWS
//
TRUTH Social is America’s “Big Tent” social media platform📎 that encourages an open, free, and honest global conversation without discriminating against political ideology.
Our Vision
In the year 2021, the media pendulum has swung dangerously far to the left. Silicon Valley, the mainstream media, and Big Tech have begun to forcibly silence voices that do not align with their woke ideology. Big Tech platforms demonetize, throttle, and cancel those who stray from the mainstream narrative. They are not just censoring content – they are determining what can and cannot be said. By controlling how information is shared, they control the narrative. They control the future. They control you.
To counter this dangerous exercise of Big Tech monopoly power, President Donald J. Trump and TMTG are building a media and technology company rooted in social media, digital streaming, and more. TMTG intends to even the playing field by providing people with open media platforms where they can share and create content without fear of reputational ruin.
Join us.📎
###
https://news.1rj.ru/str/georgenews | @GEORGENEWS
*read full press statement here📎
//
TRUTH Social is America’s “Big Tent” social media platform📎 that encourages an open, free, and honest global conversation without discriminating against political ideology.
Our Vision
In the year 2021, the media pendulum has swung dangerously far to the left. Silicon Valley, the mainstream media, and Big Tech have begun to forcibly silence voices that do not align with their woke ideology. Big Tech platforms demonetize, throttle, and cancel those who stray from the mainstream narrative. They are not just censoring content – they are determining what can and cannot be said. By controlling how information is shared, they control the narrative. They control the future. They control you.
To counter this dangerous exercise of Big Tech monopoly power, President Donald J. Trump and TMTG are building a media and technology company rooted in social media, digital streaming, and more. TMTG intends to even the playing field by providing people with open media platforms where they can share and create content without fear of reputational ruin.
Join us.📎
###
https://news.1rj.ru/str/georgenews | @GEORGENEWS
*read full press statement here📎
//
Trump +? Q+
Omg. I’m grinning from ear to ear.
Fuck it. Maybe I’m not going to work today. 🤣
Here’s the site to register. Beta testing soon. Launch in first quarter of 2022.
https://www.truthsocial.com/
This is so HUUUUUUUGE!
Omg. I’m grinning from ear to ear.
Fuck it. Maybe I’m not going to work today. 🤣
Here’s the site to register. Beta testing soon. Launch in first quarter of 2022.
https://www.truthsocial.com/
This is so HUUUUUUUGE!
Truth Social
Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.
Forwarded from il Donaldo Trumpo (il Donaldo Trumpo)
I am over the moon right now!
President Trump’s new platform gives our words of truth a space on which to EXIST to manifest. Do you get it? The pen IS mightier than the sword.
Do y’all realize that everything just changed?
Every-fn-thing!!
Yes!!!!!
https://rumble.com/vo0fox-booooooooooooooooom.html
President Trump’s new platform gives our words of truth a space on which to EXIST to manifest. Do you get it? The pen IS mightier than the sword.
Do y’all realize that everything just changed?
Every-fn-thing!!
Yes!!!!!
https://rumble.com/vo0fox-booooooooooooooooom.html
Rumble
BOOOOOOOOOOOOOOOOOM!!!
Subscribe to il Presidento's rumble channel here: https://rumble.com/c/ilDonaldoTrumpo Join our Amazing Patrioto Familia at http://www.ildonaldo.com We have fun during the day with funny postos, video
Forwarded from TR HQ (TruthRascal)
Ummmm… guys?
Posted 12:23pm BST (7:23 am EST)
today 20 Oct 2021.
https://twitter.com/usacehq/status/1450784765884485635?s=21
Posted 12:23pm BST (7:23 am EST)
today 20 Oct 2021.
https://twitter.com/usacehq/status/1450784765884485635?s=21