Trump SPAC Merger Has Provisions For Presidential Run, Prison Time_老虎社区_美港股上老虎

Trump SPAC Merger Has Provisions For Presidential Run, Prison Time

Benzinga2021-10-27

One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...

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314

JS64
·2021-10-28
Wow
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1
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Nebhol
·2021-10-28
Sell?
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1
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rabbit0112
·2021-10-28
Like
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1
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andrewshum
·2021-10-28
Like
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Nebhol
·2021-10-28
Sell
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Nebhol
·2021-10-28
Sell
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CokeNBeer
·2021-10-28
Trump is back in business
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CokeNBeer
·2021-10-28
Trump is back in business
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CharlesKing
·2021-10-28
Like and comment plz👇👇👇
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1
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nancy88
·2021-10-28
Nice
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nancy88
·2021-10-28
Nice
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kevinlaisq
·2021-10-28
Pls like
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Jeromelim
·2021-10-28
come back and return
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JRenato
·2021-10-28
Cool
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1
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Adrian88
·2021-10-28
Ok
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我已经戒赌股票了相信我
·2021-10-28
K
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Adrian88
·2021-10-28
Ok
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Adrian88
·2021-10-28
Ok
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Adrian88
·2021-10-28
Ok
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kianhua84
·2021-10-28
Like pls
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A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","article_id":"1113351656","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","pubTimestamp":1635347987,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"特朗普SPAC合并有总统竞选、监禁时间的规定","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DWAC":0.9},"content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. 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A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855264967,"gmtCreate":1635378676602,"gmtModify":1635378676781,"author":{"id":"3567411499210880","authorId":"3567411499210880","name":"Nebhol","avatar":"https://static.tigerbbs.com/b0bfc2a45b91e41a283614268857b3a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567411499210880","authorIdStr":"3567411499210880"},"htmlText":"Sell?","listText":"Sell?","text":"Sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855264967","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855233849,"gmtCreate":1635376996244,"gmtModify":1635377527223,"author":{"id":"4088071561934010","authorId":"4088071561934010","name":"rabbit0112","avatar":"https://static.tigerbbs.com/f34a76da0c81813be84eb946d69d797f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088071561934010","authorIdStr":"4088071561934010"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855233849","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855294835,"gmtCreate":1635376828979,"gmtModify":1635377523801,"author":{"id":"3582600581738317","authorId":"3582600581738317","name":"andrewshum","avatar":"https://static.tigerbbs.com/3a4a9224853eb7bf5293363b761f6ba1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582600581738317","authorIdStr":"3582600581738317"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855294835","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855291782,"gmtCreate":1635376685905,"gmtModify":1635377518894,"author":{"id":"3567411499210880","authorId":"3567411499210880","name":"Nebhol","avatar":"https://static.tigerbbs.com/b0bfc2a45b91e41a283614268857b3a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567411499210880","authorIdStr":"3567411499210880"},"htmlText":"Sell","listText":"Sell","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855291782","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855291968,"gmtCreate":1635376673398,"gmtModify":1635377517784,"author":{"id":"3567411499210880","authorId":"3567411499210880","name":"Nebhol","avatar":"https://static.tigerbbs.com/b0bfc2a45b91e41a283614268857b3a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567411499210880","authorIdStr":"3567411499210880"},"htmlText":"Sell","listText":"Sell","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855291968","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855291038,"gmtCreate":1635376670240,"gmtModify":1635388414216,"author":{"id":"3581722811684208","authorId":"3581722811684208","name":"CokeNBeer","avatar":"https://static.tigerbbs.com/d83481d848bfcbe3dc2d701ebc1e6ce0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581722811684208","authorIdStr":"3581722811684208"},"htmlText":"Trump is back in business&nbsp;","listText":"Trump is back in business&nbsp;","text":"Trump is back in business","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855291038","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855293660,"gmtCreate":1635376657213,"gmtModify":1635388410710,"author":{"id":"3581722811684208","authorId":"3581722811684208","name":"CokeNBeer","avatar":"https://static.tigerbbs.com/d83481d848bfcbe3dc2d701ebc1e6ce0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581722811684208","authorIdStr":"3581722811684208"},"htmlText":"Trump is back in business&nbsp;","listText":"Trump is back in business&nbsp;","text":"Trump is back in business","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855293660","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855674110,"gmtCreate":1635376114782,"gmtModify":1635377493573,"author":{"id":"3579391265651951","authorId":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579391265651951","authorIdStr":"3579391265651951"},"htmlText":"&nbsp;Like and comment plz👇👇👇","listText":"&nbsp;Like and comment plz👇👇👇","text":"Like and comment plz👇👇👇","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855674110","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855674338,"gmtCreate":1635376105442,"gmtModify":1635377493383,"author":{"id":"3582057436194036","authorId":"3582057436194036","name":"nancy88","avatar":"https://static.tigerbbs.com/f13797428448c51d0bc978c26e4c437c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582057436194036","authorIdStr":"3582057436194036"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855674338","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855675749,"gmtCreate":1635376092834,"gmtModify":1635377492279,"author":{"id":"3582057436194036","authorId":"3582057436194036","name":"nancy88","avatar":"https://static.tigerbbs.com/f13797428448c51d0bc978c26e4c437c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582057436194036","authorIdStr":"3582057436194036"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855675749","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855670495,"gmtCreate":1635375771059,"gmtModify":1635377484520,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572874548548490","authorIdStr":"3572874548548490"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855670495","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855648738,"gmtCreate":1635375462063,"gmtModify":1635377476043,"author":{"id":"4087798944081960","authorId":"4087798944081960","name":"Jeromelim","avatar":"https://static.tigerbbs.com/45cd82e500d76165963f39f22aa6230e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4087798944081960","authorIdStr":"4087798944081960"},"htmlText":"come back and return&nbsp;","listText":"come back and return&nbsp;","text":"come back and return","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855648738","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855641872,"gmtCreate":1635375375921,"gmtModify":1635377474496,"author":{"id":"3583705322747279","authorId":"3583705322747279","name":"JRenato","avatar":"https://static.tigerbbs.com/69d1d1158d9ad6393f946ff9486ab742","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583705322747279","authorIdStr":"3583705322747279"},"htmlText":"Cool&nbsp;","listText":"Cool&nbsp;","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855641872","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855622139,"gmtCreate":1635374567247,"gmtModify":1635377433991,"author":{"id":"4089878444731060","authorId":"4089878444731060","name":"Adrian88","avatar":"https://static.tigerbbs.com/e6c821844139b158ef20aa398c55abd1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089878444731060","authorIdStr":"4089878444731060"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855622139","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855628290,"gmtCreate":1635374459293,"gmtModify":1635377430361,"author":{"id":"3571736667951592","authorId":"3571736667951592","name":"我已经戒赌股票了相信我","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571736667951592","authorIdStr":"3571736667951592"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855628290","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855620779,"gmtCreate":1635374216025,"gmtModify":1635377400192,"author":{"id":"4089878444731060","authorId":"4089878444731060","name":"Adrian88","avatar":"https://static.tigerbbs.com/e6c821844139b158ef20aa398c55abd1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089878444731060","authorIdStr":"4089878444731060"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855620779","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855620822,"gmtCreate":1635374198486,"gmtModify":1635377399886,"author":{"id":"4089878444731060","authorId":"4089878444731060","name":"Adrian88","avatar":"https://static.tigerbbs.com/e6c821844139b158ef20aa398c55abd1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089878444731060","authorIdStr":"4089878444731060"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855620822","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855620945,"gmtCreate":1635374185590,"gmtModify":1635377399596,"author":{"id":"4089878444731060","authorId":"4089878444731060","name":"Adrian88","avatar":"https://static.tigerbbs.com/e6c821844139b158ef20aa398c55abd1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089878444731060","authorIdStr":"4089878444731060"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855620945","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":855668835,"gmtCreate":1635373817978,"gmtModify":1635377376857,"author":{"id":"3574055938126700","authorId":"3574055938126700","name":"kianhua84","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574055938126700","authorIdStr":"3574055938126700"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855668835","repostId":1113351656,"repostType":4,"repost":{"id":"1113351656","pubTimestamp":1635347987,"share":"https://www.laohu8.com/m/news/1113351656?lang=&edition=full","pubTime":"2021-10-27 23:19","market":"us","language":"en","title":"Trump SPAC Merger Has Provisions For Presidential Run, Prison Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1113351656","media":"Benzinga","summary":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and b","content":"<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.</p>\n<p>What Happened: Trump Media &amp; Technology Group is merging with Digital World Acquisition Corp&nbsp;in a deal valuing the new company at up to $1.7 billion.</p>\n<p>The company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc&nbsp;and Facebook Inc.</p>\n<p>Trump Media &amp; Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia&nbsp;with media and streaming offerings in the future.</p>\n<p>The company is led by former President Donald Trump.</p>\n<p>A filing from the company shared some interesting provisions based on its leader.</p>\n<p>New Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.</p>\n<p>“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.</p>\n<p>A material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”</p>\n<p>The wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.</p>\n<p>The new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.</p>\n<p>Earn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.</p>\n<p>The lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.</p>\n<p>Digital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.</p>\n<p>Among the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.</p>\n<p>DWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump SPAC Merger Has Provisions For Presidential Run, Prison Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump SPAC Merger Has Provisions For Presidential Run, Prison Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger ...</p>\n\n<a href=\"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/m-a/21/10/23642580/trump-spac-merger-has-provisions-for-presidential-run-prison-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113351656","content_text":"One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A new filing shows some provisions for the SPAC merger based on its well-known namesake leader.\nWhat Happened: Trump Media & Technology Group is merging with Digital World Acquisition Corp in a deal valuing the new company at up to $1.7 billion.\nThe company plans to launch TRUTH Social, a new social media platform to take on Twitter Inc and Facebook Inc.\nTrump Media & Technology Group also plans to take on Netflix Inc, the Walt Disney Co, CNN and iHeartMedia with media and streaming offerings in the future.\nThe company is led by former President Donald Trump.\nA filing from the company shared some interesting provisions based on its leader.\nNew Information: The SPAC merger filing said that a “material disruptive event” will not change the company’s ownership.\n“The company principal’s ownership and position in the company shall be structured in such a way as to eliminate the need for restructuring of ownership or changes in position were a material disruptive event to occur,” the filing reads.\nA material disruptive event is listed to include “the company principal announces that he is running for a public office” or “the company principal is personally convicted of a felony criminal offense.”\nThe wording is significant as it says that Trump will still lead the company if he runs for president in 2024 or is convicted of a felony.\nThe new filing also clarified how much the stock needs to trade at for the full $1.7 billion valuation to hit.\nEarn-outs are listed at prices of $15, $20 and $30 for DWAC shares. The additional shares are 15 million shares based on a $15 share price, 15 million based on a $20 share price and 10 million based on a $30 share price. The potential earn-outs total $825 million.\nThe lock up on shares is six months after the merger closing or 150 days if the stock price is above $12. Given the stock price, the lock up could hit the latter level and occur in closer to five months' time.\nDigital World Acquisition Corp has 127.5 million shares outstanding pro forma, giving the company a pro forma equity value of $7.75 billion based on the current DWAC share price.\nAmong the missing details in the new filing are any financial projections for the company an PIPE details or additional investors in the SPAC merger.\nDWAC Price Action: DWAC shares are trading at $65.32 Wednesday morning. Shares were up 356% the day the merger was announced and have traded over $100 several times in the last few trading sessions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":314,"commentSize":45,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}