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How’s everyone feeling today? DWAC is up today💥💥💥 😉👍
DWAC says Delaware court has cleared path for March 22 vote on merger with Trump’s social-media company:
LINK:https://www.marketwatch.com/story/dwac-says-delaware-court-has-cleared-path-for-march-22-vote-on-merger-with-trumps-social-media-company-3bda5bba
Sec filings for #DWAC today March 7, 2024: 425, 8-K , 8-K and 425 Link: https://www.sec.gov/edgar/browse/?CIK=1849635&owner=exclude
Todays SEC filing January 12, 2023 regarding a 8-K link: https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
Today’s filing of AI December 26, 2023 - 144: Report of proposed sale of securities
Link: https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
Thank you! Merry Christmas to everyone here as well!
Just posting the filings for everyone to see here. That’s all.
Today’s AI filing December 20,2023
Report of proposed sale of securities
Link:https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
Report of sell of securities today December 11,2023 Sec.gov link for AI:
https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
I saw a - .03 cent after hours trade. $28.24 but other than that , that’s all.
New filing today December 7, 2023 for AI on SEC.gov website 10-Q form. Link:
https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
New 8-K filing today December 6, 2023. Sec.gov website:
https://www.sec.gov/edgar/browse/?CIK=1577526&owner=exclude
Form 10-Q Digital World Acquisitio For:
Mar 31 6:04 A.M. ET, 5/19/22.
http://archive.fast-edgar.com/20220519/A62Z922DZZ2R22ZA22J42MYNSATFZZ22ZI42/
EXGLUSIVE-Two key tech execs
quit Truth Social after troubled app
launch
Reuters 6:00AM ET, 04/04/2022
By Helen Coster and Julia Love
April 4 (Reuters) - The two Southern tech entrepreneurs had the two qualities that Donald Trump’s Truth Social startup needed: tech-industry expertise and a politically conservative worldview aligned with the former president, a rare combination in the liberal-leaning industry centered in San Francisco.
Josh Adams and Billy Boozer - the company’s chiefs of technology and product development - joined the venture last year and quickly became central players in its bid to build a social-media empire, backed by Trump’s powerful brand, to counter what many conservatives deride as “cancel culture” censorship from the left.
Less than a year later, both have resigned their senior posts at a critical juncture for the company’s smartphone-app release plans, according to two sources familiar with the venture.
The departures followed the troubled launch of the company’s iPhone app on Feb. 20. Weeks later, many users remain on a waiting list, unable to access the platform. Trump Media & Technology Group (TMTG) Chief Executive Devin Nunes, a former Republican congressman, said publicly that the company aimed to make the app fully operational within the United States by the end of March.
The company has an app for iPhones but no app for Android phones, which comprise more than 40% of the U.S. market, though the company has advertised seeking an engineer to build one.
Boozer declined to comment and Adams did not respond to a request. Representatives for TMTG and Trump did not respond to requests for comment.
This account is based on Reuters interviews with eight people with knowledge of Truth Social’s activities, all of whom spoke on condition of anonymity.
Truth Social is part of a growing sector of tech firms catering to conservatives and marketing themselves as free-speech champions. The platform promised to give Trump unfettered communication with the American public more than a year after he was kicked off Twitter, Facebook and YouTube for allegedly inciting or glorifying violence during the Jan. 6, 2021, riots at the U.S. Capitol.
The exit of two executives critical to the app-launch efforts could imperil the company’s progress as it tries to prove it can compete with mainstream platforms such as Twitter, said two people familiar with the company. Like Twitter, Trump’s platform offers users the chance to connect and share their thoughts.
“If Josh has left… all bets are off,” one of those sources said of tech chief Adams, calling him the “brains” behind Truth Social’s technology.
Another source familiar with the venture said that Boozer also had a major leadership role as product chief, running management across technology infrastructure, design and development teams.
Reuters could not determine the specific circumstances behind the executives’ resignations, or whether they have been replaced or their duties reassigned. It also remains unclear whether Adams and Boozer still work on the venture in a different capacity after quitting their executive posts.
Their resignations came before their key roles in the closely watched company were even publicly known outside of Truth Social’s secretive culture.
Adams and Boozer worked at a level just below Wes Moss and Andy Litinsky, both former castmates on “The Apprentice,” Trump’s hit reality TV show, according to a source familiar with the venture.
Moss and Litinsky have been the “senior, day-to-day leadership” running the company since it started last summer, the source said. The two men had pitched Trump on the social-media venture in January of 2021, according to a person familiar with the company’s founding.
Reuters could not determine the specific job titles or responsibilities of Moss and Litinsky, neither of whom responded to requests for comment. TMTG has released little information about its executive leadership team outside of CEO Nunes, who joined in December.
Another open question is how TMTG is funding its current growth. The company is planning to go public through a merger with blank-check firm Digital World Acquisition Corp (DWAC) . The deal is under scrutiny by the Securities and Exchange Commission and is likely months away from being finalized.
DWAC disclosed in a regulatory filing last December that the SEC was probing the deal. The SEC has not addressed the nature of the inquiry and did not respond to a request for comment on Sunday.
Investors have pledged $1 billion to TMTG but they won’t hand over that money until the DWAC deal closes.
Trump’s level of involvement with his namesake company and the Truth Social platform also remains unclear. The former president so far has written only one post - or “truth” - on the platform, writing on Feb. 14: “Get Ready! Your favorite President will see you soon!”
Downloads of the Truth Social app have declined precipitously, from 866,000 installations the week of its launch to 60,000 the week of March 14, according to estimates from data analytics firm Sensor Tower. The firm estimates the Truth Social app has been downloaded 1.2 million times in all, trailing far behind rival conservative apps Parler and Gettr at 11.3 million and 6.8 million installations, respectively.
TARGETING BIG TECH
When they joined the company last year, Adams and Boozer embraced the vision for a social-media company with an “anti-cancel culture” mission, according to one of the sources familiar with the venture. The executives believed deeply in creating an “open platform, where as long as you don’t say anything that is criminal,” the person said, “you can be entitled to your own opinion.”
Reuters could not determine the exact date the two executives joined the firm, but they were working on the Truth Social app by the fall, according to two sources familiar with the venture.
As the company sought engineers that had both the requisite skills and compatible politics, Adams and Boozer fit the bill, another person familiar with the company said. To gauge whether potential recruits were a good fit, hiring managers explored candidates’ political ideology, in at least one case by scanning their social media profiles and listening to their appearances on podcasts, that person said.
The company’s political bent limited its hiring pool. At least one candidate rebuffed a recruitment overture, saying he couldn’t stomach working for Trump, the person familiar with the company said. Others who rejected the company's outreach said they were concerned about job security and feared the company and its employees might be prime targets for hackers, according to two people with knowledge of the firm's recruiting efforts.
Adams joined Trump’s company after building a career as a software developer from his native Alabama. He co-founded Daring Bit Assembly, a product and software development consultancy whose clients have included the U.S. Patent and Trademark Office, the Federal Bureau of Investigation and e-commerce startup Shipt, according to Daring Bit Assembly’s website.
Adams is a “constitutionalist” who believes in strict interpretation of the authors’ original intent for the foundational U.S. document, said one of the people familiar with company operations. In May 2021, Adams filed a lawsuit in federal court in Alabama against the state’s governor, a Republican, and its health officer, alleging that the state’s mask mandate during the coronavirus pandemic violated the U.S. and Alabama Constitutions. The case was dismissed in June 2021.
Boozer, also a political conservative who previously lived in Alabama, had collaborated frequently with Adams before joining Truth Social, according to the source. With Adams in place to steer the back-end infrastructure of the app, Boozer brought a strong command of the front-end technology that touches users, according to that source.
The pair kept a low profile despite holding high-ranking positions at the closely watched venture.
Neither Adams nor Boozer disclosed their work at Truth Social on their LinkedIn profiles, which list numerous other jobs and ventures from their past. The company did not publicly announce their hiring.
Adams’ and Boozer’s roles were listed in a November investor presentation as the TMTG technology team’s chief technology officer and chief product officer - but without their last names. When Truth Social launched, they posted frequently on the platform, but again presenting themselves to the public only as “Josh A.” and “Billy B.” (Reporting by Helen Coster and Julia Love; additional reporting by Krystal Hu and Echo Wang in New York; editing by Kenneth Li and Brian Thevenot)
Form NT 10-K filled March 31, 2022
http://archive.fast-edgar.com/20220331/AP222Q2CZZ2RFZZ222Z32ZYOKW8SEZ22D24Q/
This is interesting news regarding DWAC:
https://www.prnewswire.com/news-releases/next-news-network-joins-donald-trumps-truth-social-app-301511064.html
I’m experiencing the same issues as you. I emailed them at support@truthsocial.com
Hopefully they will respond soon but I would imagine that there are many people experiencing the same problems. Good luck! Go DWAC! I’m wondering what the stock price will look like tomorrow for DWAC? Anyone want to guess what it will open up at? Thanks
Any predictions on DWAC stock price will be this Tuesday since Monday is Presidents Day and the market is closed that day. Thanks
Filed today by Saba Capital Management:
Schedule 13 G/A
2-14-2022
http://archive.fast-edgar.com/20220214/AA2ZFQ2CZ225IZZ222272ZO75QLOZZ22WP42/
Form 425 filed by Digital World Acquisition Corp.
February 8, 2022 4:15 P.M. ET
U.S. Security and Exchange Commission
http://archive.fast-edgar.com/20220208/A422L22CZW2R92Z2222S22YLKRFAYZ22D242/
Heard the same info on X22 report as well.
Video and podcast :
https://x22report.com/aiovg_videos/ep-2696b-when-does-big-pharma-make-money-curing-or-containing-justice-is-coming/
Billionaire Peter Thiel to step down as board member of Meta, Facebook's parent company, to support Trump-aligned candidates, the WSJ reports.
Zuckerberg's Meta stock fell 5.1% today, adding to losses after its bleak forecast last week.
Wanted your opinion on DWAC regarding their outstanding shares. DWAC currently has 37,220,000 shares outstanding and there shares held by institutions is 2% currently on my Charles Schwab account information. The 10 day average volume is about 6,400,000 shares. Do you all think that the shares outstanding will increase with a merger and will DWAC symbol change? If so what estimation do you see it at and what price do you see the shares? Thanks
Many can speculate on how it will be run. All I can say is once it is up and running we will all see if free speech is truly free. Many of us are sick and tired of being censored. I’m excited to see a change regarding free speech. ????
We’ve heard that it would launch on the 21st of February which is Presidents’ Day. The Apple Store app is expected to have the app for February the 21st 2022. Trump has said within the fist quarter of 2022. So if it launches in March it’s within the timeframe. It could launch in February as well but they want to make sure the site is secure.
Form 425
Filed by: Digital World Acquisition Corporation
1-27-2022
http://archive.fast-edgar.com/20220127/A42VLQ2CZC2R9ZZZ2R2S2ZYOKRFAZZ22Z242/
8:07 A.M. E.T. 1-27-2022 Form SCHEDULE 13G/A Digital world acquisition: Filed by Highbridge Capital Management LLC:
http://archive.fast-edgar.com/20220127/AS22G2228222JTZ2222S2ZOCUFGCI222B242/
SPAC linked to Trump’s venture outperforms others in sector
Rueters 5:00 A.M. ET, 1/24/2022
By Anirban Sen
Jan 24 (Reuters) - Shares of the blank-check acquisition firm that agreed to merge with former President Donald Trump's social media venture have outperformed every other special purpose acquisition company (SPAC), despite the regulatory risks facing the deal and investors now snubbing the vast majority of such vehicles.
Digital World Acquisition Corp, which inked an $875 million deal in October to merge with Trump Media & Technology Group Corp (TMTG), currently ranks as the best performing SPAC stock ever, according to SPAC Research.
For an interactive graphic, click here: https://tmsnrt.rs/3qLAAtJ
Digital World's shares ended trading at $73.12 on Friday, way above their $10 initial public offering price. This infers a valuation on the combined entity of close to $13 billion, including debt.
This is despite TMTG not having rolled out its social media app yet and the regulatory risks facing the deal. Democratic U.S. Senator Elizabeth Warren asked Securities and Exchange Commission (SEC) Chairman Gary Gensler last month to investigate the planned merger for potential violations of securities laws around disclosure.
The SEC has declined to comment on whether it will take any action. Digital World disclosed last month it has fielded enquiries from the SEC and the Financial Industry Regulatory Authority (FINRA), without providing details on their nature.
The financial underperformance of most SPACs makes Digital World's stock rally, driven by Trump supporters and retail investors, all the more notable.
Moreover, DWAC's share performance has boosted the average trading price of all 114 SPACs that have announced deals that are yet to close. Excluding DWAC, the average SPAC is currently trading at $9.88 a share, below the average trust value of about $10.05, according to SPAC Research.
According to Jay Ritter, a professor at the University of Florida, SPACS on an average have underperformed against the broader market by 25% during the past decade. Many of these deals' bullish financial projections have failed to come to pass.
"DeSPACs have continued to give negative average returns in a rising market. This pattern has continued in 2021," Ritter said.
If regulators let the deal go through, Digital World shareholders are all but certain to vote for it given the stock's performance. Digital World expects to issue a proxy statement with details on the deal in February, laying the ground for the vote to be held in the following weeks, according to people familiar with the matter.
Apple Inc's App Store currently lists Feb. 21 as the date that Trump's new social media app, Truth Social, will be available to download.
Digital World CEO Patrick Orlando and other SPAC insiders paid $11.8 million to receive founder and placement shares in the SPAC that are now worth roughly $620 million, according to regulatory filings and Reuters calculations.
Japan health minister says Okinawa vaccine contaminants likely from needle sticks
Rueters 9:49 P.M ET, 8-30-2021
TOKYO, Aug 31 (Reuters) - Japanese health minister Norihisa Tamura told reporters on Tuesday it was highly likely that foreign matter found in COVID-19 vaccines in Okinawa were caused when needles where stuck into the vials.
Moderna Inc vaccines used in the southern prefecture of Okinawa were temporarily halted on Sunday after foreign materials were discovered in vials and syringes.
The health ministry later said the cases may have been due to needles being incorrectly inserted into vials, breaking off bits of the rubber stopper. (Reporting by Mari Saito and Rocky Swift in Tokyo; Editing by Tom Hogue)
Donald Rumsfeld dies at 88 due to battle with multiple myeloma, a type of cancer.
https://www.google.com/amp/s/amp.usatoday.com/amp/7810730002
Any information on which vaccine they had taken? The article doesn’t say. Link please, Thanks
Moderna and Magenta Partner to Distribute Moderna’s COVID-19 Vaccine and Updated Variant Booster Candidates in United Arab Emirates
Business wire 9:43 ET, 6/15/2021
CAMBRIDGE, Mass. and DUBAI, United Arab Emirates--(BUSINESS WIRE)--Jun. 15, 2021-- Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Magenta Investments, a leading pharmaceutical and healthcare company that is part of an investment and industrial conglomerate in the United Arab Emirates (UAE), today announced a new agreement to distribute the Moderna COVID-19 Vaccine as well as Moderna’s updated variant booster candidates, once authorized, in the UAE in 2021 and 2022.
“We welcome the opportunity to work alongside Magenta for the distribution of our vaccine in the UAE,” said Corinne Le Goff, Pharm.D., M.B.A., Chief Commercial Officer of Moderna. “Together with our partners, we hope to advance our goal to expand access to our vaccine globally, and support governments such as the UAE in protecting their citizens, residents and visitors against the pandemic.”
“As the world continues to endure the drastic impact of the COVID-19 pandemic, we feel privileged to be taking part in the global effort to enhance the protection of humanity by making available this highly advanced vaccine in the United Arab Emirates. Magenta is fully committed to supporting the efforts of the government of the United Arab Emirates in its monumental efforts to contain the pandemic,” said Dr. Zahid Al Sabti, Managing Director of Magenta Investments. “I am delighted to see Magenta entering this strategic partnership with Moderna and contributing to the ongoing battle against the pandemic.”
Trump’s FDA commissioner in talks about role at Moderna backer:
https://www.washingtonpost.com/health/2021/06/14/hahn-job-talks-flagship/
https://wapo.st/35yro0t
Trump’s FDA commissioner in talks about role at Moderna backer
Stephen Hahn is said to be close to taking a job at Flagship Pioneering, which launched the vaccine firm a decade ago
Image without a caption
Stephen Hahn, FDA Commissioner during the Trump administration, in August 2020. (Alex Brandon/AP)
By
Dan Diamond
June 14, 2021 at 3:07 p.m. CDT
0
Former Food and Drug Administration commissioner Stephen Hahn is in talks about a possible job at the venture capital firm that launched Moderna and remains closely tied to the coronavirus vaccine manufacturer, said three people who spoke on the condition of anonymity to describe confidential conversations.
Support our journalism. Subscribe today.
Hahn’s discussions with Flagship Pioneering — which incubated Moderna more than a decade ago — have been ongoing for at least several weeks, and his role with the venture capital firm could be announced this month, the individuals said. The former commissioner’s potential move would be the latest by a federal official to a company that is regulated by the government or that might profit from firms regulated by the government — what critics call a revolving door that they say undermines trust in federal decisions.
The two companies, which are headquartered near each other in Cambridge, Mass., continue to share ties. Flagship CEO Noubar Afeyan serves as chairman of Moderna; Stéphane Bancel, Moderna’s CEO, serves as a Flagship special partner. Flagship also holds 20 million shares of Moderna stock, which are currently valued at more than $4 billion after the vaccine-maker’s stock price soared during the pandemic; it sold $1.4 billion worth of Moderna shares earlier this year, senior partner Christine Heenan said. Moderna had never turned a profit before the pandemic.
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Hahn, a longtime cancer doctor who headed the FDA when it authorized Moderna’s vaccine last year before stepping down at the end of the Trump administration, did not respond to text messages and emails requesting comment, first sent last week.
Flagship declined to comment.
There are no rules barring Hahn from taking a role with Flagship, and other FDA officials have taken prominent positions in biotechnology after leaving government service. Scott Gottlieb, who preceded Hahn as FDA commissioner during the Trump administration, joined the board of pharmaceutical giant Pfizer after stepping down from government in 2019. Amy Abernethy, who was the FDA’s top career official under Hahn, this month was hired by Verily, the Google spinoff focused on health-care innovation — the same firm where former FDA commissioner Robert Califf serves as an adviser.
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Ethics experts said that Hahn would be limited in communicating with the FDA, including a lifetime ban on particular matters that he worked on and a one-year ban on communicating with the FDA about any matters on behalf of his new employer.
The Office of Government Ethics referred questions to a 2016 legal advisory that would permit Hahn to provide “behind-the-scenes” assistance to Flagship, like giving advice or drafting documents.
But watchdogs raised concerns regardless.
“Is it concerning whenever a high-level government official who was instrumental in actions that may have profited a company turns around and goes to work for that company soon thereafter? You bet it is,” said Walter Shaub, a senior ethics fellow at the Project On Government Oversight and the former director of the Office of Government Ethics. “This is one of many gaps in our weak ethics laws.”
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Jeff Hauser, director of the Revolving Door Project at the Center for Economic and Policy Research, said he was specifically concerned that Hahn would take a role with Moderna’s key backer, citing conspiracy theories promulgated by anti-vaccination groups about pharmaceutical companies profiting from the pandemic.
“You want to avoid even the suggestion of a financial payoff for vaccine approval,” Hauser added, saying that the perception of the “FDA needs to be holier-than-thou … There should not be any appearance of any conflict.”
Hahn, who was confirmed by the Senate as FDA commissioner in December 2019, withstood White House pressure to rush authorization of the vaccines before Election Day, backing career officials who set tougher standards to boost transparency and public trust in them. More than 70 million Americans have since received Moderna’s two-dose mRNA vaccine, according to data compiled by the Centers for Disease Control and Prevention.
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Moderna reported $1.2 billion in profits in the first quarter of 2021, driven by $1.7 billion in coronavirus vaccine sales, compared to a loss of $124 million in the first quarter of 2020. The 11-year-old company also received $955 million in contracts with the U.S. government to develop the coronavirus vaccine as part of last year’s Operation Warp Speed push.
Meanwhile, Flagship on Monday announced that it had raised an additional $2.2 billion, as it prepares to launch a new “preemptive medicine and health security” division dedicated to preventing the onset of diseases like cancer, as well as future pandemic threats.
“There is no better example of the power of bioplatform companies than Flagship-founded Moderna, which was able to rapidly shift its focus in 2020 to develop, test, and deploy its covid-19 vaccine in record time,” Afeyan said in a statement, announcing the additional funding.
BUSINESSInvestor Behind Moderna Raises $ 3.4 Billion Fund Focused on Biotech
https://www.google.com/amp/s/journal-beat.com/investor-behind-moderna-raises-
Well here it is:
Farmmi receives noncompliance notification from Nasdaq:
MT Newswire 6:35 ET, 06/04/2021
06:35 AM EDT, 06/04/2021 (MT Newswires) -- Farmmi (FAMI) received Friday a notification from the Nasdaq Stock Market about its noncompliance with the minimum bid price requirement.
The noncompliance occurred because the closing bid price of the company's ordinary shares was below $1 per share for a period of 30 consecutive business days, according to a news release.
The company, an agriculture products supplier in China, was given 180 calendar days, or until Nov. 30 to regain compliance with the minimum bid price rule. The company could receive another 180 calendar day grace period if it fails to regain compliance by Nov. 30.
The information you have provided is for the Company Pfizer. This is a Moderna blog. Do you have anything that implies Moderna? If so please share and explain that information and where it is located. Thanks
I have a question for you all that would like to answer this. On April 19, 2021 FAMI closed at $1.01 When I Google: “what happens when a stock falls below $1 on the nasdaq” Answer:
If a company trades for 30 consecutive business days below the $1.00 minimum closing bid price requirement, Nasdaq will send a deficiency notice to the company, advising that it has been afforded a "compliance period" of 180 calendar days to regain compliance with the applicable requirements.
With that information the 30th day of FAMI regarding the $1.00 minimum requirement would be on closing day of June 1, 2021. Remember that Monday May the 30, 2021 is memorial day and the market is closed. So from June 1, 2021 - November 28, 2021 FAMI will either do a reverse split or the price has to reach $1.00 or above before it will be delisted. Also note that shares held by institutions are currently at 60%. With all that at hand what are your thoughts on the stock price? Do you believe that this will have potential? Thanks.
I’ve been saying this for sometime now. I totally agree with Ron!
FRANKFURT, March 25 (Reuters) - The U.S. coronavirus vaccine producer Moderna is planning to construct a vaccine manufacturing facility in eastern Germany, a German newspaper reported on Thursday.
The Frankfurter Allgemeine Zeitung said that the company, which produces its COVID-19 vaccine in Switzerland, will go into operation in two years' time. The newspaper did not cite sources.
The details are still unclear, the newspaper said. It said talks over German government support for the venture have stalled because Berlin wants to make its backing contingent on bigger vaccine delivery volumes by Moderna, but Moderna cannot commit to that.
Germany's economics ministry declined to comment on the topic, but a spokeswoman said there was a task force for vaccine production and that it was in contact with multiple companies.
Moderna did not immediately respond to Reuters request for comment. (Reporting by Tom Sims in Frankfurt and Manas Mishra in Bengaluru; editing by Barbara Lewis)