Trump Media & Technology Group's pre-market gains expand to 37.5% | PANews
PANews, December 18th – According to Golden Ten Data, a certain exchange continued its upward momentum, with pre-market gains once expanding to 37.5%.
Market sources reported: The exchange will merge with TAE TECHNOLOGIES in an all-stock transaction. The deal is expected to be completed by mid-2026. The exchange stated: After the merger, the company is expected to select a site and begin construction of its first utility-scale nuclear fusion power plant in 2026. Fusion energy will pave the way for the United States' dominance in artificial intelligence and energy security. The transaction values each TAE share at $53.89. Up to $200 million in cash will be provided at signing. Upon completion, the company will become the holding company for Truth Social, Truth+, Truth.FI, TAE, TAE Power Solutions, and TAE Life Sciences.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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