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Replies to post #8382 on Trump Media and Tech Group (Politics Allowed~Non-M (DJT)
Nikodemos
03/26/24 1:16 AM
#8389 RE: Agoura Guy #8382
The SEC’s order finds that DWAC violated the antifraud provisions of the federal securities laws. DWAC agreed to a cease-and-desist order and to pay an $18 million penalty in the event it closes a merger transaction. It also agreed to undertake that, should DWAC file an amended Form S-4, any such Form S-4 will be materially complete and accurate and consistent with the findings in the SEC’s order.