Trump Media forms CRO treasury SPAC with Yorkville, raising up to $6.42B

Trump Media & Technology Group Corp.

Trump Media buys ~$105M in CRO from Crypto.com; Crypto.com buys $50M in DJT shares, both locked up.
Trump Media to integrate CRO token and Crypto.com wallet into Truth Social and Truth+ platforms.
SPAC deal: Yorkville Acquisition Corp. combines with Trump Media Group CRO Strategy to create public CRO treasury.
Funding includes $1B CRO, $200M cash, $220M warrant exercise, plus a $5B equity line from YA II PN, Ltd.
One-year lock on founding shares plus 3-year restrictive release; ticker to change to MCGA on Nasdaq.

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