Nasdaq threatens to delist Trump SPAC from stock market

  • 📰 mercnews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

The controversial merger has also been stalled by legal scrutiny. The Justice Department is investigating the acquisition, in addition to the SEC. In late June, Digital World disclosed its board me…

Digital World Acquisition Corp

In a press release Wednesday, Digital World said it “received an expected letter” from the stock market because hasn’t filed a quarterly report for the period ending on March 31. The letter doesn’t mean the company will be delisted, but its stock could disappear from the Nasdaq exchange if it doesn’t get its act together soon.

However, the company said there’s “no assurance” that Nasdaq will accept its plan or that the company “will be able to regain compliance within any extension period granted by Nasdaq.”DWAC announced plans in October 2021 to acquire Trump Media & Technology Group, owner of the Truth Social app,The former president is the chairman and a major shareholder of TMTG.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 88. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market news today: Nasdaq, Dow dive as debt-ceiling talks continueUS stocks slide as Washington lacks movement on reaching a debt-ceiling agreement
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »