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SEC Launches Investigation Into Donald Trump’s Media and Technology Firm, SPAC Partner

Todd Spangler NY Digital EditorThe U.S. Securities and Exchange Commission is seeking, among other details, information on the identity of certain investors in the company that plans to merge with Donald Trump’s recently established social network and media outfit as part of a “preliminary” investigation, according to financial filings.The disclosure of the SEC probe comes after the October announcement that the Trump Media & Technology Group — which is prepping a social media network called “Truth Social” and a subscription-streaming service stocked with “non-woke” programming — plans to become a publicly traded entity through a merger with Digital World Acquisition Corp., a special purpose acquisition company (SPAC).
variety.com

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