Digital World Acquisition Corp.

 Donald J. Trump's latest business is in the form of a Special Acquisition Company (SPAC) named Digital World Acquisition Corporation (DWAC). This company will trade on the NASDAQ market under the ticker DWAC. It's a special acquisition company that targets direct broadcast satellite television and broadband providers and other communications assets for acquisition and growth.

Trump is expanding its portfolio of brands with the launch of the new venture. The SPAC will make special acquisition company (SPAC) investments in the $2.5 trillion U.S. real estate investment market at an opportune time. Trump currently owns 17% of the common stock in the company.

Over the years, Donald Trump has grown his business interests into a patchwork of ventures that now sprawls over 100 countries. While most of these projects have been traditional investments and development deals, plans just threw those plans in the air with the announcement today that Trumps newest company will be known as Digital World Acquisition Corp. (DWAC), a special acquisition company that will target Internet deals.

DWAC today announced a portfolio of new investments that will bring new jobs to America and tap into under-used opportunities in the worlds of digital and social media.

Trump has always been a big believer in the Internet and its ability to reshape the world economy. U.S. President Donald Trump's son-in-law and trusted advisor Jared Kushner just released a statement that the President, along with two of his adult sons and "an unnamed business associate," have been working on a deal to acquire land in Mexico and Canada for the SPAC. The company's mission is to acquire major real estate across all borders by representing only top class products as well as offering deals to develop resorts, shops and other forms of entertainment.

The acquisition company will also focus on acquiring interests in businesses that are undergoing rapid change triggered by the proliferation of digital tools and platforms, such as PayPal when it was acquired by eBay, or LinkedIn when it was acquired by Microsoft. Digital World's management team will leverage the firm's deep corporate partnerships and business relationships to benefit from tectonic shifts occurring in the Internet, Mobile Technologies, Cloud Computing, Big Data Analytics and Artificial Intelligence markets.

 

Sphere 3D Merger

Gryphon Digital Mining Announces Partnership with Sphere 3D Corporation with a Sphere 3D Merger

Sphere 3D Corporation: A Brief History

Gryphon Digital Mining Corp. ("Gryphon" or the "Company") (TSX-V: GDM) is pleased to announce that Gryphon has entered into a non-binding letter of intent ("LOI") with Sphere 3D Corporation a leading developer of innovative 3D technologies and solutions, in respect of a proposed business combination bringing together the 3D printing and Blockchain 3D digital asset mining businesses of the two companies.

Sphere 3D: The Future of Mining

As a result of this proposed transaction, Sphere 3D will become a thorough bred biotechnology, 3D printing and blockchain 3D imaging business. It will also become a leading manufacturer and distributor of 3D printers, 3D scanner and 3D software, 3D scanning solutions.

Sphere 3D Merger With Gryphon Digital Mining

The merger took effect on July 1, 2016, and Gryphon Digital Mining Inc. continued to develop Sphere 3D's 3D imaging software tools for cryptocurrency mining.

Upon merger, Gryphon Digital Mining Inc., the parent company of Sphere 3D will change its name to Sphere 3D Corp. Upon completion of the transaction, Sphere 3D Corporation will become a wholly-owned subsidiary of Gryphon with a transition period of approximately six months.

Reverse Merger Completion

Gryphon Digital Mining was pleased to announce that the previously announced acquisition of Sphere 3D Corporation by Gryphon Digital Mining had been completed. Sphere 3D (“Sphere”) is a technology company that develops 3D graphics and visualization software. Sphere is headquartered in Guelph, Canada and employs 21 people. Since 2010, Sphere has been developing and delivering advanced 3D modelling and visualization software to the market. Its flagship product, VISION3, is a feature-rich and intuitive 3D modeling and scanning software platform.

Sphere 3D Corporation was acquired by Gryphon Digital Mining Inc. (TSX-V: GDM) in consideration of 886,924 common shares of Gryphon, issued at a deemed price of $0.35 per share and additional payments in cash totaling $1 million.As part of the transaction, Gryphon will operate Sphere as a separate, independent subsidiary of Gryphon Digital Mining.