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Tue Jun 28, 2022, 06:49 AM

Trump SPAC faces grand jury investigation

Because everything he does is a fucking crime.

Trump SPAC faces grand jury investigation

The company that plans to merge with former president Donald Trumpís social media company has received subpoenas from a federal grand jury, a setback that could complicate Trumpís plans to bring his company to the public markets.

The company, known as Digital World Acquisition Corp., revealed the subpoenas in a Securities and Exchange Commission filing dated June 24 and warned they ďcould materially delay, materially impede, or prevent consummationĒ of the deal. If the combination goes through, Trumpís business could gain access to more than $1 billion committed by investors.

The grand jury is at least the third investigative entity to scrutinize Trumpís special purpose acquisition company (SPAC) deal, after the SEC and the Financial Industry Regulatory Authority opened investigations of their own.


More: https://www.washingtonpost.com/business/2022/06/27/trump-spac-grand-jury/

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