Trump Social-Media SPAC Deal Being Investigated By SEC – The Wall Street Journal

Regulators are investigating a deal between Donald Trump’s new social-media venture and a special-purpose acquisition company that would take the former president’s company public, according to a Monday securities filing.

The Securities and Exchange Commission is probing a potential merger between Trump Media & Technology Group and the SPAC Digital World Acquisition Corp . , Digital World disclosed Monday. The SPAC is known by its stock ticker, DWAC.

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