r363l l10n
@r363ll10n
21 October, 01:27
🔴Confirmed... Trump's new company is a SPAC. A Special Purpose Acquisition Company.
It's chartered (and flush with $293Mil cash) with the express intent of acquiring and operating media assets. That could be social apps, but also cable channels, or other things. It is NOT just a social app. It will raise more money and begin announcing acquisitions soon. Initial valuation posted at $1.7B.
It's chartered (and flush with $293Mil cash) with the express intent of acquiring and operating media assets. That could be social apps, but also cable channels, or other things. It is NOT just a social app. It will raise more money and begin announcing acquisitions soon. Initial valuation posted at $1.7B.
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