The Shell Company Trying to Buy Trump’s Truth Social Is Now Based at a UPS Store Mailbox

Digital World Acquisition Corp., an organization you’ve most likely by no means heard of, has fallen on arduous instances. The so-called “blank-check” entity has been attempting to accumulate Truth Social, and launch Trump’s “free speech” platform onto the inventory market.

And now, the corporate appears to not have an government workplace. Instead, it has a mailbox at a Miami UPS Store, in line with an August SEC filing, first seen and reported on by the Financial Times. That’s proper: The would-be managing firm of Trump’s social media website is now based mostly in a P.O. Box.

Formerly, the DWAC’s principal government workplace was listed on SEC filings at 78 SW seventh Street in Miami, which corresponds to a WeWork workplace in Brickell City Centre. However, in mid-August, one thing modified and the corporate’s major deal with on an SEC submitting turned 3109 Grand Ave #450.

Searching the brand new deal with “brings up a UPS Store nestled between an Italian restaurant and a nail salon in the waterfront neighbourhood of Coconut Grove,” wrote the Financial Times. Gizmodo additionally searched the deal with, and verified these outcomes. There is an Italian restaurant. There is a nail salon.

There are additionally a few different enjoyable companies that appear to be based mostly on the UPS retailer together with DWAC. For instance, Oura Collective, a public relations agency that uploaded this word cloud picture to its Google Maps itemizing. And Sobe Lifestyle Group, a ship rental service. That “450″ number in the DWAC address corresponds to a mail box number, according to FT.

The change of address doesn’t necessarily mean that DWAC no longer has office space, but if it doesn’t—it’s likely a cost saving measure.

From Financial Times:

DWAC, which previously listed a WeWork location in Miami’s Brickell City Centre as its address, has agreed to pay a business affiliated with Orlando $15,000 a month for office space and administrative support. UPS typically charges approximately $50 per month to rent out its mailboxes to businesses, according to stores contacted by the Financial Times, though prices vary.

The Securities and Exchange Commission and a New York grand jury are both investigating DWAC’s alleged shady dealings and its ongoing merger attempt with Truth Social. Amid the probes, the company has started to show signs of financial difficulty and stress. Truth Social itself has had lots of issues from the platform’s launch. And though user sign-ups have been on the rise, the site is likely not meeting expectations.

Earlier this month, shareholders were poised to NOT extend the DWAC/Truth acquisition. If that vote had happened, DWAC would’ve been liquidated on September 8. Instead though, CEO Patrick Orlando postponed the official vote for another month, sending the company into limbo.

The firm has claimed in filings that it has sufficient funds to carry out for one more three months, and will finalize the Truth merger deal with out shareholder extension, in line with reporting from The Washington Post. But the continuing investigations have left the merger frozen, and as The Post identified three months is unlikely to be sufficient time for these probes to resolve.