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Buyer of Trump’s Truth Social Gets More Time to Complete Long-Delayed Merger
Posted inDigital World Acquisition Corp Mergers, Acquisitions and Divestitures Orlando, Patrick F Social Media Special Purpose Acquisition Companies (SPAC) Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

Buyer of Trump’s Truth Social Gets More Time to Complete Long-Delayed Merger

Shareholders in a shell company that has been trying for nearly two years to merge with former President Donald Trump’s media company approved a 12-month extension to complete the deal.
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Posted by By Matthew Goldstein
SPAC Tied to Trump’s Media Company Will Pay $18 Million to Regulators
Posted inDigital World Acquisition Corp Mergers, Acquisitions and Divestitures Regulation and Deregulation of Industry Social Media Special Purpose Acquisition Companies (SPAC) Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

SPAC Tied to Trump’s Media Company Will Pay $18 Million to Regulators

Digital World will pay a penalty to the Securities and Exchange Commission to settle an investigation into its planned merger with Trump Media & Technology Group.
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Posted by By Matthew Goldstein
Two Charged With Illegally Trading Ahead of Trump Media Merger
Posted inDigital World Acquisition Corp Mergers, Acquisitions and Divestitures Special Purpose Acquisition Companies (SPAC) Truth Social (Social Network)

Two Charged With Illegally Trading Ahead of Trump Media Merger

The arrests come after an investigation by federal prosecutors into trading in the securities of Digital World Acquisition Group, which merged with former President Trump’s social media platform.
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Posted by By Matthew Goldstein
WeWork in Talks With Investors to Help Restructure Debt
Posted inReal Estate (Commercial) SOFTBANK Corporation Special Purpose Acquisition Companies (SPAC) Start-ups WeWork Companies Inc

WeWork in Talks With Investors to Help Restructure Debt

The co-working giant is close to an agreement with SoftBank and others for new money and to restructure its debt.
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Posted by By Maureen Farrell Benjamin Mullin and Peter Eavis

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