The violations pertain to DWAC’s initial public offering process and “certain statements, agreements and omissions relating to the timing and discussions” with TMTG.
The filing notes that TMTG is not a party to the settlement and the company may disapprove and “try to terminate” the merger.The company said the settlement will help “remove the cloud of uncertainty lingering over DWAC and would allow DWAC to move forward in achieving its objective of delivering a strategic merger.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Truth Social’s merger partner offers $18 million in settlement to SECThe settlement, which is subject to SEC approval, could help unlock hundreds of millions of dollars Trump’s company has been counting on for months. But the filing also hinted at a tension between the companies that could undermine the deal entirely.
Fuente: washingtonpost - 🏆 95. / 72 Leer más »
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...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
SPAC seeking merger with Trump's media company agrees to settlement with SEC | CNN BusinessBlank-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.
Fuente: CNN - 🏆 4. / 95 Leer más »
Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger.Bitcoin_Depot, the world's largest crypto ATM operator, listed on Nasdaq on Monday following its $885 million merger with a special purpose acquisition company. By JamieCrawleyCD
Fuente: CoinDesk - 🏆 291. / 63 Leer más »