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Salon
Salon
Politics
Sky Palma

Truth Social merger partner loses $130M

Truth Social Donald Trump CNBC DWAC Trump Media Twitter Inc.
Donald Trump and Devin Nunes (Photo illustration by Salon/Getty Images)

The company looking to take Trump Media and Technology Group public has changed its listed address to a UPS store in Miami, CNBC reports.

Digital World Acquisition Corp (DWAC) changed its address came with its regulatory filing on Friday disclosing its financing losses of $138.5 million of the $1 billion in financing it got from investors to fund Trump Media.

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