What is the ticker symbol for Truth Social?
Trump's media company launched its social media app, Truth Social, on February 21, 2022. Learn more about TMTG, the status of its pending DWAC merger, and how to buy TMTG stock.
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You cannot buy stock directly in Truth Social; however, you can purchase stock from Digital World Acquisition Group (NASDAQ: DWAC) due to its merger with Trump Media & Technology.
So, can I buy Truth Social stock? As of March 2022, it isn't possible to buy Truth Social stock because the company isn't publicly listed – and is therefore not trading on the stock exchange.
| Type of site | Social networking service |
|---|---|
| Owner | Trump Media & Technology Group |
| Founder(s) | Donald Trump |
| Key people | Devin Nunes (CEO) |
| Industry | Internet |
DWAC Stock No Ordinary SPAC
But DWAC has been outperforming other SPACs by quite a margin. In fact, it is the best performing SPAC stock ever, according to SPAC Research.
| Previous Close | 0.000151 |
|---|---|
| Open | 0.000151 |
| Day's Range | 0.000148 - 0.000153 |
| 52 Week Range | 0.000128 - 0.015114 |
| Start Date | 2018-09-27 |
Digital World Acquisition Corp. (NASDAQ: DWAC) (“DWAC”) announced a definitive merger agreement with TMTG on October 20, 2021. Upon a successful merger completion, DWAC shareholders will become shareholders in the public company TMTG.
In February 2022, Trump Media and Technology Group shares, projected to eventually trade on the Nasdaq exchange under the ticker symbol TMTG, are not available yet. However, buying shares in DWAC, the SPAC company that TMTG is expected to merge with, could provide a way to potentially invest in the company.
The Truth Social app is still not available to download on Android devices, although it is expected to arrive at some point in the near future.
What's the difference between DWAC and Dwacu?
Recall that DWAC is the Class A share ticker symbol of Digital World Acquisition Corp, while DWACU is the same equity, but with half a warrant attached. The latter shares are up less, which is a bit odd. Regardless, DWAC now sports a market cap of around $4.7 billion, per Yahoo Finance.
Sign up for a Robinhood brokerage account to buy or sell DWAC stock and options commission-free.
- Find a reliable broker. Don't worry, it's easy and free to open a brokerage account. ...
- Fund your new account. You'll need to transfer money into your new brokerage account before you can buy the stock. ...
- Search for DWAC on the brokerage app or site. ...
- Buy the stock.
In fact, it has already boosted his net worth by $430 million, according to our math, helping lift his fortune from $2.4 billion a year ago to $3 billion today.
Truth Social has a web app now, still not on Android | Mashable.
- Head to the App Store and search for "Truth Social App" or head to this link.
- Once searched, locate the "Purchase" button below the app name. ...
- After tapping the purchase button, wait for a few seconds to finish the installation.
The Depository Trust Company's (DTC) Deposit and Withdrawal at Custodian (DWAC) service provides participants with the ability to make electronic book-entry deposits and withdrawals of eligible securities into and out of their DTC book-entry accounts using a Fast Automated Securities Transfer service (FAST) transfer ...
| Previous Close | 30.17 |
|---|---|
| Ask | 0.00 x 800 |
| Day's Range | 29.76 - 30.45 |
| 52 Week Range | 9.84 - 175.00 |
| Volume | 446,629 |
SPAC is the acronym for “special purpose acquisition company” and is often referred to as a “blank check” entity. A SPAC might be best described as money looking for a promising private company to invest in. A SPAC is a public company having already gone through the IPO process.
21. Blank-check company Digital World Acquisition Corp.'s stock jumped by nearly 20% by the close of the trading day Thursday, on significantly higher-than-average volume. The gains came after the Trump app Truth Social indicated on the Apple app store that it expects to go live next month.
What is a SPAC IPO?
A special purpose acquisition company (SPAC) is a company without commercial operations and is formed strictly to raise capital through an initial public offering (IPO) or the purpose of acquiring or merging with an existing company.
On October 20, 2021, TMTG and Digital World Acquisition Corp. (DWAC), a publicly-traded SPAC, announced that they had entered into a definitive merger agreement that would combine the two entities, allowing TMTG to become a publicly-traded company.
...
Share Statistics.
| Avg Vol (3 month) 3 | 1.39M |
|---|---|
| Shares Outstanding 5 | 30.03M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 30.03M |
| % Held by Insiders 1 | 3.78% |
Digital World Acquisition Corp - Class A quote is equal to 30.110 USD at 2022-08-02. Based on our forecasts, a long-term increase is expected, the "DWAC" stock price prognosis for 2027-07-28 is 47.319 USD. With a 5-year investment, the revenue is expected to be around +57.16%.
Truth Social on the App Store. This app is available only on the App Store for iPhone.
Wimkin is an alt-tech social network that claims to promote free speech. The site describes itself as "100% uncensored social media".
Contact Information
Calling us: 800.798. 5754. Emailing us at: support@truthsocial.com.
Warrants (DWACW)
| Stockholder | Stake | Shares owned |
|---|---|---|
| Pentwater Capital Management LP | 1.33% | 400,615 |
| Nomura Securities Co., Ltd. (Priv... | 1.02% | 307,785 |
| Susquehanna Financial Group LLLP | 0.82% | 245,543 |
| Stifel Nicolaus & Co., Inc. (Inve... | 0.49% | 147,360 |
Digital World Acquisition Equity Warrants Exp 20th Jun 2028 DWACW:NASDAQ.
Where can I buy DWAC stock?
Sign up for a Robinhood brokerage account to buy or sell DWAC stock and options commission-free.
- Find a reliable broker. Don't worry, it's easy and free to open a brokerage account. ...
- Fund your new account. You'll need to transfer money into your new brokerage account before you can buy the stock. ...
- Search for DWAC on the brokerage app or site. ...
- Buy the stock.
In fact, it has already boosted his net worth by $430 million, according to our math, helping lift his fortune from $2.4 billion a year ago to $3 billion today.
Special Purpose Acquisition Companies or SPACs are non-operating publicly-listed companies whose purpose is to identify and purchase a private company, allowing the acquisition target to have publicly listed stock. SPACs are also known as blank check companies.
