Merger Approved for Social Network Company Amid SEC Investigation

Reported Tuesday, at the same time the company that planned to take the social network public faced an SEC investigation and regulatory pressure. approved a proposed merger that owns Truth Social, and blank check firm Digital World Acquisition Corp in a deal that would take the company public.

Although Musk reinstated Trump’s Twitter account in November 2022 shortly after purchasing Twitter for $44 billion, the former president has only in a meeting reported by The New York Times, but the billionaire also stated that he was “not donating money to either candidate for US President” in a Musk has not returned a request for comment from Forbes, and only told the Washington Post that he has “never been to Mar-a-Lago,” and Trump’s campaign and media company have also not commented on the report. The merger between TMTG and Digital World—known as a special-purpose acquisition company—was first announced in 2021, but was delayed as they sought regulatory approval from the SE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Why This Red-State Democrat Is Backing A Corporate Merger That Has Unions FuriousDaniel Marans covers national campaigns and elections.
La source: HuffPostParents - 🏆 414. / 53 Lire la suite »

OpenAI pushes back on Elon Musk lawsuit, says he suggested merger with TeslaOpenAI pushed back on Elon Musk's lawsuit alleging the AI company breached its founding agreement by creating a for-profit entity with communications showing he agreed with the move.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

RNC installs Trump’s chosen leaders in merger with his campaignTop advisers from Trump’s campaign will steer a party committee facing a dramatic fundraising shortfall.
La source: washingtonpost - 🏆 95. / 72 Lire la suite »

Team Trump’s Merger with the R.N.C. Begins in TexasAntonia Hitchens writes about the Republican National Committee electing Lara Trump and Michael Whatley to lead the organization into the general election.
La source: NewYorker - 🏆 90. / 67 Lire la suite »

Donald Trump Is Poised to Pocket Billions in a Meme Stock Media MergerThe former president has kept his finances in the dark. But now he’s pressed for cash and Truth Social could be the answer.
La source: VanityFair - 🏆 391. / 55 Lire la suite »