Replies to post #34160 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[Diogenes of Sinope]

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/

[doodlerose]

When I got in, and chased the run, I didn't know how hard some can hate. We will have to see how this shakes out. Keep the developments on the board. Thanks Hi S