SPAC seeking merger with Trump's media company agrees to settlement with SEC | CNN Business

📆 04/07/2023 15.01.00
📰 CNN

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 95%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Blank-check firm Digital World Acquisition Corp said it reached an agreement in principle with the Securities and Exchange Commission after the commission began investigating the company’s merger deal with Truth Social owner Trump Media & Technology Group.

The terms are not yet definitive, according to an SEC filing, and the final agreement is subject to approval by the commission. If it’s approved, the SEC will enter a cease-and-desist order with the company, finding

amends its IPO filings, it will have to pay the SEC an $18 million civil penalty after the closing of any merger deal. could not be immediately reached for comment.

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.

Trump SPAC Digital World Acquisition reaches settlement in principle with SEC staffDigital World Acquisition Corp. the blank-check company planning to take former President Trump’s media ventures public via a merger, said on Monday that it...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »