Trump's social media company dealt another setback in road to stock market listing

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Former President Trump's social media company has another potentially big problem on its hands: It's struggling to complete a stock market listing that would allow it to raise more than $1 billion it needs to keep running.

it would be"hard and expensive to build a new platform" that could compete with the likes of Facebook and Twitter.Trump's social media site hits the app store a year after he was banned from Twitter

But almost a year has passed, and the SEC hasn't given the deal its blessing, and neither have DWAC's shareholders. If the deal isn't approved by the deadline, and there isn't another extension, DWAC would unwind, and President Trump's media company would have to find a new way to raise money.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 96. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Reading thru the comments and it becomes clear that many of your readers enjoy living in a bubble.

I couldn't wish failure more sincerely than I do now

Yet another bankruptcy?

Pull the plug on this thing already

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