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Axios
Axios
Business

Truth Social SPAC again delays shareholder vote

Truth Social SPAC Donald Trump DWAC Elon Musk Twitter Inc. Axios

Donald Trump's social media startup, Truth Social, is facing a perilous future.

Driving the news: A former company executive reportedly filed a whistleblower complaint with federal securities regulators in August, and it remains unable to access hundreds of millions of dollars tied to a prospective merger with a blank check acquisition company.

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