{"id":27030,"date":"2025-05-15T18:46:32","date_gmt":"2025-05-15T18:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27030"},"modified":"2025-05-15T18:46:32","modified_gmt":"2025-05-15T18:46:32","slug":"trump-insiders-want-a-piece-of-crypto-spac-action-is-a-merger-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27030","title":{"rendered":"Trump Insiders Want A Piece Of Crypto, SPAC Action: Is A Merger Coming?"},"content":{"rendered":"<div>\n<p>Two executives with ties to President<strong> Donald Trump <\/strong>and <strong>Trump Media &amp; Technology Group<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/DJT#NASDAQ\">DJT<\/a>) have a new SPAC offering targeting <a href=\"https:\/\/www.benzinga.com\/news\/ipos\/25\/03\/44367379\/global-client-advisory-group-affiliate-files-for-175-million-ipo-targeting-crypto-digital-security-ventures\">the cryptocurrency market.<\/a><\/p>\n<p>With several stocks soaring on recent crypto-related mergers, could this be a SPAC to watch?<\/p>\n<p><strong>The SPAC Offering:<\/strong> On Thursday, <strong>Renatus Tactical Acquisition Corp I <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RTACU#NASDAQ\">RTACU<\/a>) began trading. The units consist of one common share (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RTAC#NASDAQ\">RTAC<\/a>) and one-half of a redeemable warrant (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RTAW#NASDAQ\">RTAW<\/a>).<\/p>\n<p>After announcing a 17.5 million offering at $10 per unit to raise $175 million, the offering was upsized to 21 million shares <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250513920321\/en\/Renatus-Tactical-Acquisition-Corp-I-Announces-Pricing-of-Upsized-%24210-Million-Initial-Public-Offering\">raising <\/a>$210 million.<\/p>\n<p>While SPACs have received less attention in recent years, this particular blank check company, given its two names attached, could quickly attract investors\u2019 attention.<\/p>\n<p>Among the names involved in the sponsor companies of the SPAC deal are<strong> Eric Swider <\/strong>and <strong>Devin Nunes<\/strong>. Swider is the former CEO of <strong>Digital World Acquisition Corporation<\/strong>. The company, referred to as DWAC, was a SPAC that took Trump&#8217;s media company Trump Media &amp; Technology Group public. <\/p>\n<p>Swider and Nunes currently <a href=\"https:\/\/ir.tmtgcorp.com\/corporate-governance\/board-of-directors\/\">serve <\/a>as director and CEO of Trump Media &amp; Technology Group, respectively. For the new SPAC, Swider <a href=\"https:\/\/www.sec.gov\/edgar\/browse\/?CIK=0002035173\">serves<\/a> as CEO while Nunes is chairman.<\/p>\n<p>SPAC expert and <strong>Accelerate <\/strong>CEO<strong> Julian Klymochko<\/strong> <a href=\"https:\/\/x.com\/JulianKlymochko\/status\/1922987358086893655\">highlighted <\/a>the offering in a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/ipos\/25\/05\/45448399\/trump-insiders-want-a-piece-of-crypto-spac-action-is-a-merger-coming\" alt=\"Trump\" insiders want a piece of crypto spac action: is merger coming>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two executives with ties to President Donald Trump and Trump Media &amp; Technology Group (NASDAQ:DJT) have a new SPAC offering targeting the cryptocurrency market. With several stocks soaring on recent crypto-related mergers, could this be a SPAC to watch? The SPAC Offering: On Thursday, Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) began trading. The units consist [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27030","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27030"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27030\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}