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Trump’s new media company comes with risks, Barron’s says
The Fly

Trump’s new media company comes with risks, Barron’s says

Investors interested in former President Donald Trump’s brand will have a new place to put their money next week now that shareholders have backed a so-called SPAC merger, Matt Peterson writes in this week’s edition of Barron’s. The merger, approved Friday morning, will unite Trump Media & Technology Group, which owns Trump’s social-media network Truth Social, with an already listed company called Digital World Acquisition (DWAC). The company will list on the Nasdaq as (DJT) as of Monday. The finalization of the SPAC, or special purpose acquisition company, was delayed due to legal and accounting concerns. The author names five risks to take into consideration before investing, namely the fact the company is losing money, the new company is playing for conservative attention, Trump is the big draw but he can post elsewhere, Trump’s legal problems could become investor problems, and the new company will be a public listing, but Trump will be in control.

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