🚀 **Breaking News: Trump Media Execs Launch $179M SPAC for Crypto Acquisitions!** 🚀
Three top executives from **Trump Media & Technology Group (TMTG)** have filed with the SEC to raise **$179 million** for a new crypto-focused SPAC named **Renatus Tactical Acquisition Corp I**. This blank-check company aims to target high-growth U.S. businesses in **blockchain, cryptocurrency, dual-use technologies, and data security**.
💡 **Key Highlights:**
- **$178.9M Fundraising Goal:** Through a private placement and IPO, Renatus plans to offer 17.5M public shares at $10 each and issue 3.95M warrants at $1 each.
- **Focus Areas:** Crypto, data security, and dual-use tech are the primary targets, but the SPAC is open to exploring other high-potential sectors.
- **TMTG Connections:** Renatus has strong ties to TMTG, with **Devin Nunes (TMTG CEO)** serving as chairman and **Eric Swider (TMTG board member)** as CEO.
🔗 **Trump’s Pro-Crypto Push:**
This move aligns with the Trump administration’s efforts to position the U.S. as the global leader in crypto. Initiatives include creating a federal crypto regulatory framework, appointing pro-crypto advocates to key roles, and establishing a strategic Bitcoin reserve.
⚠️ **Disclaimer:** This is not financial advice. Always do your own research before making any investment decisions.
#SPAC #Trump #PoWMiningNotSecurities #TrumpAtDAS #SpaceCryptoCurrency
What are your thoughts on this development? Let’s discuss! 👇
