Trump Media begins trading under ticker DJT at $8.4 billion valuation, with Trump holding 69-78.75% of shares, creating unprecedented presidential conflict of interest through media and financial entanglement. Trading was volatile, with stock price jumping over 50% and trading briefly halted.
Donald TrumpTrump Media & Technology GroupNYSEDigital World Acquisition CorpDonald Trump Jr.truth-socialstock-marketdjt-tickerpresidential-conflictsmedia-ownership+2 more
Digital World Acquisition Corp (DWAC) terminated CEO Patrick Orlando’s employment, citing “unprecedented headwinds” that necessitated a leadership change. The board appointed Eric Swider as interim CEO after investigations by the SEC and federal prosecutors into potential …
Patrick OrlandoDigital World Acquisition CorpDWACTrump Media & Technology GroupSecurities and Exchange Commission (SEC)+1 moredwacpatrick-orlandotruth-socialspac-fraudsec-investigation+2 more
Trump Media receives emergency loans totaling $8 million from Putin-connected Paxum Bank ($2M) and ES Family Trust ($6M) when company near failure, triggering federal investigation
Trump Media & Technology GroupPaxum BankAnton PostolnikovES Family TrustSDNY Prosecutorstruth-socialrussian-moneyforeign-influencemoney-launderingfederal-investigation
Digital World Acquisition Corp (DWAC), a special purpose acquisition company, announced its agreement to merge with Trump Media & Technology Group Corp (TMTG), bringing Trump’s Truth Social platform public. The announcement triggered massive trading volume and price volatility, with DWAC …
Donald TrumpDigital World Acquisition CorpTrump Media & Technology GroupSecurities and Exchange Commission (SEC)Bruce Garelick+1 morespac-fraudtruth-socialdwacregulatory-capturetrump-media+1 more