Nasdaq threatens to delist Trump SPAC from stock market

📆 26/05/2023 06.25.00
📰 mercnews

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

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Tulis Komentar

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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