With the SEC investigating the deal, investors looking to take Truth Social public are backing out in a big way.
Tag: Digital World Acquisition Corp.
The deal that Digital World Acquisition Corp. made to merge with Trump’s Truth Social is in serious trouble after their failure to pay their proxy solicitors.
Donald Trump’s skill at navigating bankruptcies may come in handy as Truth Social suffers multiple financial and organizational blows.
The move comes on top of the already existing Securities and Exchange Commission investigation of the Truth Social deal.