The blank check company seeking to acquire Truth Social's parent company saw its shares soar 11% on Monday. The apparent driver was Trump's claim of his impending arrest.
Bloomberg recentlyTrump, who recently hit the five million follower mark on Truth Social , is now reinstated on Facebook, Twitter and YouTube. He still hasn't tweeted, but has posted on Facebook and YouTube.
DWAC originally planned to acquire TMTG last year, but had to secure shareholder extensions due to ongoing government investigations into the merger.
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