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Zenger
Zenger
Politics
Chris Katje

Trump Media SPAC Faces Setbacks As SEC Settles Fraud Charges

SEC SPAC Donald Trump DWAC Joe Raedle United States Nasdaq Turning Point Action
Former US President Donald Trump speaks at the Turning Point Action conference as he continues his 2024 presidential campaign on July 15, 2023 in West Palm Beach, Florida. A SPAC merger linked to the media arm of former President Donald Trump continues to face setbacks since being announced in October 2021. PHOTO BY JOE RAEDLE/GETTY IMAGES 

A SPAC merger linked to the media arm of former President Donald Trump continues to face setbacks since being announced in October 2021.

A merger between Donald Trump’s Trump Media & Technology Group and Digital World Acquisition Corporation (NASDAQ: DWAC) has seen several delays in its approval and merger vote date since it was announced.

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