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Truth Social Announces Business Combination Agreement

Story Highlights
  • TMTG announced a Business Combination Agreement with Yorkville Acquisition Corp. and Crypto.com.
  • The agreement involves asset contributions, share exchanges, and licensing for Cronos infrastructure operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Truth Social Announces Business Combination Agreement

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An update from Truth Social ( (DJT) ) is now available.

On August 26, 2025, Trump Media & Technology Group Corp. (TMTG) announced a Business Combination Agreement with Yorkville Acquisition Corp. (SPAC), Crypto.com, and other parties. This agreement involves asset contributions and share exchanges, with TMTG licensing its brand and intellectual property to a subsidiary. The transaction aims to facilitate the establishment and operation of a Cronos proof of stake validator node and staking infrastructure. The agreement outlines conditions for closing, including shareholder approval and regulatory compliance, and sets forth the issuance of shares and warrants contingent on specific stock price triggers. The completion of this transaction could significantly impact the involved parties by enhancing their market positioning and operational capabilities.

More about Truth Social

Average Trading Volume: 9,075,919

Technical Sentiment Signal: Sell

Current Market Cap: $4.77B

Find detailed analytics on DJT stock on TipRanks’ Stock Analysis page.

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