DWAC, the SPAC merging with Donald Trump’s new and public social-media platform is a conspiracy(I)

Author: Peacelv
Editor: Jenny Ball

The newest flavor of the month is hot stock Digital World Acquisition Corp. (DWAC), the SPAC merging with Donald Trump’s new and public social-media platform. Established via Special Purpose Acquisition Company (SPAC), a buying frenzy has taken DWAC from $10/share to over $130/share, following a deal announced on October 20, 2021. Trump Media & Technology Group(TMTG) will combine with DWAC to launch a new social network called TRUTH Social, a deal valuing the media company at approximately $875 million.

But according to the investigation, DWAC is closely related to a Chinese(CCP) company named Yunhong, which is actually controlled by Bruno Wu(Zheng Wu), a senior and registered spy working for CCP.

First, Yunhong International is a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which they refer to throughout this prospectus as our initial business combination.

In March 22nd, 2019, China YUNHONG HOLDINGS has been notified by the SEC that China Yunhong has filed a registration statement, and at the same time, Withum, a leading US audit firm, has also completed its audit. Besides, it has obtianed SEC (S1C) of the EDGAR platform.

In April 9th,2019, It again received a notice from the US SEC. The SEC has notified that ” YUNHONG has obtained the SEC listing Central Index of Filings (CIK) code which signifies that the Company has successfully registered with the SEC and has its own filing account.” In June 29th, it finally received Nasdaq files from US and applied for IPO application.

YunHong has always been passionate at taking part in all kinds of activities relating to CCP. For example it conducts party branch learning activities on a weekly basis, and it helped Burkina Faso realize the common development of “the Belt and Road” and Yubao Li, chairman of executive Committee of INTERNATIONAL Food Safety and Nutrition Organization and Chairman of Yunhong Group was invited to attend the sub-forum on Quality Interconnection of the SCO Non-governmental Friendship Forum hosted by the SCO Committee for Good-neighborliness, Friendship and Cooperation, the Chinese People‘s Association for Friendship with Foreign Countries and the people’s government of Hubei Province was held in Wuhan.

Yubao Li, as the chairman of the Board of Yunhong Holdings Co., LTD was also the senior Economic Adviser of Zhangwu People’s Government. Yunhong Group has officially become a cooperative partner of China‘s Space Foundation. In China, a normal private enterprise had no ways to cooperate with such a state-owned enterprise.

May 17, 2021,Yunhong International and Giga Energy Inc. announce execution of definitive share exchange agreement with a potential value up to approximately $7.354 billion.

And Yang Lan, the famous presenter and media personnel, who is the wife of Bruno Wu, signed the documents as the seller representative of Giga Energy.

And Bruno Wu and Sun Seven Trust, Sun Seven Stars Gift Holdings Ltd, and Sun Seven Stars Investment Group Limited, and Sameul Neuberg who once was the champaign advisor for Donald Trump, and the brother of Bruno Wu, Bing Wu are all the shareholders of Giga Energy.

Ideanomics Group Co., LTD. (NASDAQ:SSC), a subsidiary of Sun Seven Star

Investment Group, recently announced that it has invested in Asia Times, the

largest online English-language media publisher in Asia, as the leading shareholder.

In 2007, Sun Media became Sun Seven Stars Media, a national pay-per-view and video-ondemand provider in China, according to the SEC filing.

Bruno Wu also founded an investment arm called Harvest Seven Stars Media Fund, which backs entertainment, film production and distribution, studio projects and mergers and acquisitions. It targets investments in English and Chinese-language Hollywood content for Asia and Chinese global media buyout funds and investment funds.

Sam Nunberg,(born June 21, 1981) as the Shareholder of Giga Energy Inc, is an American public affairs consultant based in Manhattan. He was a political advisor to Donald Trump’s 2016 presidential campaign. In March 2018, Nunberg was subpoenaed by a grand jury for testimony and documents relating to the Special Counsel’s Russia investigation. He sued Miles Guo for defamation.

Digital World’s CEO is Patrick Orlando, and Yunhong International’s CEO is also Patrick Orlando. And Bruno Wu also signed the files for Yunhong as the representative.

ARC Group Limited was the finance advisor for Giga Energy, Inc.  Ellenoff Grossman & Schole LLP was the company’s legal advisor in the United State, and Ogier is the company’s legal advisor in the Cayman Islands.

Christopher Marcus Gradel founded Pacific Alliance Group Ltd.,and he was also the no-executive directors for ARC Capital Holdings Ltd. ARC Group Limited is acting as the financial advisor to Giga Energy, Inc. Yunhong International and Giga Energy Inc. announce Execution of Definitive share exchange agreement. The Pacific Alliance Asia Opportunity Fund and Miles Guo have been fighting in New York state court for four years over $88million. The whole relationship between DWAC and Yunhong and Bruno Wu and PAG is showed as belows:

For more details, please read the second part of the article.

Next article: DWAC, the SPAC merging with Donald Trump’s new and public social-media platform is a conspiracy(II)

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

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