… it's the American investors and the American business people who will make the determination about what's actually happening with TikTok. So at the end of the day, I believe that North of 80% of [TikTok] will be owned by the American investors and their partners. This is not something where the Chinese or any Chinese entity has a large stake at the table. The board seats, there will be some seven board seats of the company. (10:35–10:41)
CLAIM
Asserts that over 80% of TikTok will be owned by American investors and partners.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.