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Trump Media in Talks to Spin Off Truth Social

Provided by Dow Jones Feb 27, 2026, 2:07:00 PM

By Connor Hart

President Trump's media company said it is in discussions to spin off businesses, including social-media platform Truth Social, into a new publicly traded company following the close of its previously announced merger with TAE Technologies.

Under the potential transaction, shares of the newly formed company would be distributed to Trump Media and Technology shareholders of record prior to the closing of the TAE merger, the companies said Friday.

The newly formed company would then merge with Texas Ventures Acquisition III, a special-purpose acquisition company.

The companies said discussions are ongoing and that no definitive agreements have been reached. Any transaction would be subject to approvals, and there can be no assurance a deal will result from the talks.

Trump Media shares were up 1.9% to $11.17 in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

February 27, 2026 09:07 ET (14:07 GMT)

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