The SPAC that is bringing Donald Trump's new media firm public, Digital World Acquisition, traded 4.3% higher in premarket Wednesday after video distribution network Rumble agreed to stream material from Trump's new media company, Truth Social.

Trump has been off social media since both Meta-owned Facebook and his then-favorite, Twitter, banned him for his involvement in inciting the January 6 Capitol violence, which is still under investigation by Congress. Trump has been looking for ways to reclaim his once-dominant social media presence since then.

Trump media group plans subscription video service

Rumble may also supply infrastructure and video delivery services for Trump Media's subscription video-on-demand product, TMTG+, according to a Trump Media announcement.

Rumble, which bills itself as a neutral platform, is joining forces with CF Acquisition Corp VI a special purpose acquisition firm similar to DWAC. In premarket trading, CF Acquisition shares were up 11%.