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Re: Mojocash post# 34160

Thursday, 07/20/2023 8:03:01 PM

Thursday, July 20, 2023 8:03:01 PM

Post# of 45031
They haven’t paid a penny yet;

Digital World Acquisition — the special-purpose acquisition company, or SPAC, that had planned to merge with Trump’s company — agreed to pay $18 million if its merger concludes and revise its false filings to comply with securities laws, SEC officials said in a statement.

Digital World’s $18 million penalty must be paid within 14 days of its merger, if it eventually concludes, the SEC said in an order. Officials also said Digital World could forgo the penalty if it dissolves and returns money to shareholders before Jan. 1, 2025.

https://www.washingtonpost.com/technology/2023/07/20/trump-truth-social-merger-sec/
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