Digital World Acquisition Corp. (NASDAQ: DWAC, DWACU), a blank check company, will be merging with a newly formed company created by former President Donald J. Trump. That company, Trump Media & Technology Group (“TMTG”), was formed by Trump to compete with the radical left media. The two companies combined to become a publicly listed company with a potential valuation of up to $1.7 billion. According to a statement from the company, DWACU’s objective is to create a “rival to the liberal media consortium” designed to compete with big-tech companies located in Silicon Valley that use their power to “silence opposing voices in America.” TMTG plans to unveil a new social media platform called TRUTH Social to accomplish this objective; social media platform is slated for launch by early 2022. TMTG also anticipates offering a subscription video on demand service featuring “non-woke” entertainment programming, news, and podcasts. “I created Truth Social and TMTG to stand up to the tyranny of big tech,” said former President Donald J. Trump in the article. “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.”
To view the article, visit https://ibn.fm/j8lO4
About Digital World Acquisition Corp.
Digital World Acquisition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
