Federal regulators have requested information on a planned deal to take former President Trump's new media venture public
The shell company that is facilitating former President Donald Trump's return to Wall Street disclosed Monday that federal regulators are investigating the deal.
In October, Trump announced a new media venture that would"stand up to the tyranny of Big Tech." That new entity, chaired by the former president, agreed to go public through a merger with Digital World, a Special Purpose Acquisition Company, or SPAC.In a filing, Digital World Acquisition Corp. said it received a document and information request from the Securities and Exchange Commission in early November.
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