Truth Social parent company to hit stock market Tuesday ...Middle East

The newly formed parent company for Truth Social will debut on the stock market Tuesday, bringing to a close a years-long merger that is set to net former President Trump billions of dollars. A special-purpose acquisition company (SPAC) merged with Truth Social parent Trump Media & Technology Group Corp. on Monday following months of negotiations and legal challenges, allowing it to make an initial public offering on the NASDAQ quickly. The SPAC, Digital World Acquisition Corp., saw its stock price climb about 35 percent on the news Monday. The new company will retain the Trump Media name and go by the ticker DJT. Trump owns about 58 percent of the new company, a stake that’s val

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