Trump Media Parent Company Merges with SPAC Ahead of Fraud Case Deadline
• Shareholders of Digital World Acquisition Corp. agreed to merge with Trump Media and Technology Group, owner of Truth Social, allowing Trump's company to go public
• Trump now owns over 50% of the post-merger company, with shares worth over $3.5 billion at opening price
• The merger comes just before a Monday deadline for Trump to post a $454 million bond to stop seizure of assets in NY civil fraud case
• Legal analyst Glenn Kirschner said timing of merger, making Trump billions, is "curious" so close to bond deadline
• Kirschner speculated the new billions in net worth could help Trump use as collateral for a loan to pay the bond, but said he doubts anyone would loan Trump the money