Trump Media & Technology Group Issue Statement on Digital World Acquisition Corp. 8-K Filing

Rhea-AI Summary

Trump Media & Technology Group (TMTG) has responded to Digital World Acquisition Corp.'s SEC filing dated June 27, affirming its commitment to restoring free expression for Americans. TMTG emphasized ongoing efforts to enhance the growth of Truth Social by onboarding new users and introducing new features. The company expressed readiness to cooperate with regulatory oversight that aligns with the SEC's role in protecting retail investors.

Positive

• TMTG is focused on rapid growth and user onboarding for Truth Social.
• The company is committed to adding new features to enhance user experience.
• TMTG expresses willingness to cooperate with SEC oversight.

Negative

• None.

SARASOTA, Fla., June 27, 2022 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (“TMTG”) today issued the following statement on Digital World Acquisition Corp.’s June 27 8-K filing with the U.S. Securities and Exchange Commission (“SEC”):

“TMTG is focused on reclaiming the American people's right to free expression. Every day, our team works tirelessly to sustain Truth Social’s rapid growth, onboard new users, and add new features. We encourage—and will cooperate with—oversight that supports the SEC's important mission of protecting retail investors.”

Investor Relations Contact:
MZ Group - North America
tmtgir@mzgroup.us 

Media Contact:
press@tmtgcorp.com 

FAQ

What does TMTG's statement on June 27, 2022, indicate about Truth Social?

TMTG's statement emphasizes its commitment to user growth and feature enhancement for Truth Social.

How does TMTG plan to cooperate with the SEC?

TMTG has stated its intention to support oversight aligned with the SEC's mission to protect investors.

What is the significance of TMTG's response to Digital World Acquisition Corp.?

The response highlights TMTG's focus on free expression and ongoing efforts to grow its platform.

What key initiatives is TMTG pursuing for Truth Social?

TMTG is working on onboarding new users and adding additional features to enhance the platform.