(The Epoch Times)—Trump Media & Technology Group, which owns Truth Social, will begin trading on the Nasdaq stock market on March 26, the company said in a regulatory filing on March 25.
Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the President Donald Trump’s media business in a vote this past week.
The common stock of Trump Media & Technology Group, which is led by former Republican Rep. Devin Nunes, will trade under the ticker symbol “DJT,” or the former president’s initials, according to a news release.
The new ticker symbol is the same one that was used by the former president’s resorts and casino firm, which used to trade on the New York Stock Exchange in the mid-1990s and early 2000s.
Shares of Digital World Acquisition Corp., or DWAC, rose by 23 percent on March 25 in the afternoon following the Nasdaq announcement. So far in 2024, shares of DWAC have increased by more than 130 percent, while revenue was $3.4 million for the first three quarters of last year, said a DWAC regulatory filing.
“As a public company, we will passionately pursue our vision to build a movement to reclaim the Internet from Big Tech censors,” said Mr. Nunes in the release. “We will continue to fulfill our commitment to Americans to serve as a safe harbor for free expression and to stand up to the ever-growing army of speech suppressors.”
President Trump is set to own most of the combined company—or nearly 79 million shares. Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.
“Today marks a pivotal moment not only for DWAC and TMTG as a combined entity, but for the broader media and technology landscape,” Eric Swider, director of TMTG, said in a news release, adding that it is an “extraordinary opportunity to shape the future of media and technology.”
JD’s manually curated links for God-fearing MAGA patriots
On March 22, shareholders of Digital World voted to approve a merger with TMTG, where President Trump is the chairman, according to a filing with the U.S. Securities and Exchange Commission.
Digital World is what’s called a special purpose acquisition company, or SPAC, also known as a “blank-check company.” SPACs raise cash and then hunt for companies to merge with. Such deals give the target companies a potentially quicker and easier way to get their stocks onto the New York Stock Exchange or Nasdaq.
The arrangement lets them avoid some of the paperwork associated with traditional initial public offerings of stock, or IPOs. For investors, SPACs offer a way to get into hyped, potentially faster-growing companies such as TMTG, the DraftKings betting service, or SoFi banking.
It comes as the former president faces a massive, $455 million civil judgment after a New York judge ruled this month that he and his real-estate company defrauded banks and insurance companies for at least a decade.
President Trump has denied the allegations, saying the judge is engaging in a partisan witch hunt designed to harm his 2024 chances.
Bond Amount Cut
On March 25, a New York court cut the bond amount to $175 million that the former president needs to post in order to appeal the fraud verdict. The court also set a new deadline, giving him more than a week to pay.
The office of the New York attorney general, who brought the fraud case, responded to the ruling by saying that the former president is “still facing accountability for his staggering fraud.”
“The court has already found that he engaged in years of fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization,” the statement said. “The $464 million judgment—plus interest—against Donald Trump and the other defendants still stands.”
President Trump’s two eldest sons Donald Jr. and Eric, and two company executives from the Trump Organization, Allen Weisselberg and Jeff McConney, also face penalties in the judgment. And this past week, New York Attorney General Letitia James’ office filed the judgments in Westchester County, New York, suggesting that she might take action to seize the former president’s assets in the county.
There has been speculation that the former president could use some of the Truth Social acquisition cash to help pay off his legal expenses, which includes attorney fees amid four criminal cases. The former president also has to pay a judgment in a defamation case that was brought against him by writer E. Jean Carroll.
But under the agreement, he cannot sell his shares in the company easily for at least six months. Major TMTG shareholders will be under what’s called a “lock-up” provision, a common restriction on Wall Street that keeps big, early investors from immediately dumping their shares. Such sales could tank the stock’s price.
The Associated Press contributed to this report.
Bypass Big Tech Censors
Two Storms, One Harvest
Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.
What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.
Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.
This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.
Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.
Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.
The Fertilizer Clock Is Already Running
While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.
The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.
Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.
The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.
Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.
The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?
The System Has No Slack Left
The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.
Today’s supply chain challenges are tomorrow’s hunger crisis.
There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.
The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.
What Joseph Knew
Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.
Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.
Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.
Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.
None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.
Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.