The warrants are trading about the price that pipe investors are paying when you add the $11.50 in, you have about $33.50, which is the amount pipe investors reportedly are paying. If you add in pipe financing and the new amount of shares for tmtg (70% ownership for them) the market is pricing tmtg at around 18 billion dollars, going by ah price here. $Digital World Acquisition Corp(DWAC)$
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