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Patrick Orlando, DWAC CEO, is also CEO of Yunhong International headquartered in Wuhan

Posted on 10/21/21 at 1:54 pm
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/21/21 at 1:54 pm
quote:

Patrick Orlando, CEO of DWAC, in the press release said, "Digital World was formed to create public shareholder value and we believe that TMTG is one of the most promising business combination partners to fulfill that purpose."


quote:

Orlando is also CEO of Yunhong International, which was incorporated in the Cayman Islands in 2020 and which lists its headquarters in Wuhan, China.


CNBC

Probably nothing, but seems strange to create a SPAC for the purpose of launching an alternative media platform with a CEO that has direct ties to the Chinese in Wuhan, no?
Posted by blackinthesaddle
Alabama
Member since Jan 2013
1855 posts
Posted on 10/21/21 at 2:52 pm to
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/21/21 at 2:53 pm to


Curious indeed.
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11007 posts
Posted on 10/21/21 at 3:50 pm to
That’s weird as hell.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/21/21 at 4:45 pm to
TRUMP compromised or does he know something we don’t? It’s a weird connection at the least.
Posted by imjustafatkid
Alabama
Member since Dec 2011
65876 posts
Posted on 10/21/21 at 5:26 pm to
I think you're leaving out some key information.

quote:

Orlando, who graduated from MIT, spent five years at Deutsche Bank, where he worked with emerging markets fixed income derivatives. 

Orlando later moved into the South American sugar industry and is currently involved with at least three other SPACs, or so-called blank-check companies: Yunhong International, Benessere Capital Acquisition and Maquia Capital Acquisition.


quote:

In May, Yunhong International announced it had reached a deal to take a Chinese green energy company, Giga Energy, public. But that deal fell apart, and Giga Energy terminated its agreement with Yunhong last month.


They probably list their headquarters as Wuhan because they were trying to take a Chinese green energy company public.
This post was edited on 10/21/21 at 5:28 pm
Posted by Big Scrub TX
Member since Dec 2013
39873 posts
Posted on 10/21/21 at 5:28 pm to
quote:

I think you're leaving out some key information.
The key info that Trump's guy is deep state China-adjacent? Nah, that was included.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98253 posts
Posted on 10/21/21 at 5:30 pm to
Yeah im sure that's what he is

Just like Putin was his best bro
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
47223 posts
Posted on 10/21/21 at 5:33 pm to

Gibbs Rule #39
Posted by imjustafatkid
Alabama
Member since Dec 2011
65876 posts
Posted on 10/21/21 at 11:28 pm to
quote:

The key info that Trump's guy is deep state China-adjacent? Nah, that was included.


Trump pursued hotel deals in China. That doesn't make him a Chinese asset.
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