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Reply to "Oh look more fleecing of the rubes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Donald Trump's shell company that aimed to take his media company public to the U.S. Stock Exchange is returning donor money. Digital World Acquisition Corp (DWAC.O), the SPAC that plans to merge with former U.S. President Donald Trump's media and technology company, said this week it would return to investors $533 million raised for the deal. https://www.reuters.com/markets/deals/spac-returns-remaining-533-mln-raise-trump-social-media-deal-2023-10-12/?mibextid=Zxz2cZ[/quote] Why?[/quote] It happens automatically when a SPAC does not find a company to merge with in a given period of time (2 years, I think). [b]Not sure why the merger failed.[/b][/quote] You could benefit by reading this thread and the links in it. Truth Social has been a grift from the word go.[/quote]
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