Trump Media & Crypto.com Form Treasury Company via SPAC

Trump Media Group and Crypto.com are forming a new company named “Trump Media Group CRO Strategy,” which will go public via SPAC with the ticker symbol MCGA on Nasdaq.

This company will have a fund consisting of CRO worth $1 billion, $200 million in cash, $220 million in warrants, and $5 billion from Yorkville, along with TMTG's investment of $105 million in CRO and Crypto.com purchasing TMTG shares worth $50 million.

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