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Dec 4 - don the cons social media group......finesses $1 billion from gullible investors



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 2 months ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x76
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Dec 4 - don the cons social media group......finesses $1 billion from gullible investors
 

 
visit this link https://www.axios.com/tru .. 37087a4c9.html


Donald Trump's social media startup on Saturday announced that it secured $1 billion in new investment as part of its ongoing efforts to become publicly traded via a blank check company.

Between the lines: None of the investors were identified, which is highly unusual for this sort of transaction.

Details: This is a so-called PIPE investment at around $34.36 per share.

That's a 20% discount to the SPAC's 5-day trading average through Dec. 1, but still much higher than where a typical SPAC trades before its merger is complete.

The PIPE's per share price could be adjusted up or down, based on how the stock performs once the merger closes.

What to watch: Trump Media & Technology Group still has not named a CEO, although the former President is listed as chairman, and does not plan to publicly launch any products until early next year
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 2 months ago '04        #2
qutaboi225  topics gone triple plat - Number 1 spot x16
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Trump? Finessing Investors?
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 2 months ago '18        #3
SFamilyRep  topics gone triple plat - Number 1 spot x4
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 2 months ago '06        #4
whammy  topics gone triple plat - Number 1 spot x2
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I wouldn't be surprised if those "investors" were those that profited off of Trump's policies while he was in office and are paying a fee, tipping the waiter, kickback, or whatever you want to call it.
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 2 months ago '16        #5
BathWaterMelody  topics gone triple plat - Number 1 spot x9
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 whammy said
I wouldn't be surprised if those "investors" were those that profited off of Trump's policies while he was in office and are paying a fee, tipping the waiter, kickback, or whatever you want to call it.
wouldn't be surprised if those investors drink vodka and have KGB on their resumes.
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