(Reuters) -Blank-check firm Digital World Acquisition Corp said on Friday former U.S. President Donald Trump's social media firm was served with two separate subpoenas over its merger plans.
The development comes days after Digital World said each of its board of directors received subpoenas from federal prosecutors over the SPAC deal with Trump Media & Technology Group (TMTG), the creator of social media platform Truth Social.
The blank-check firm said on Friday TMTG received subpoenas from the U.S. securities regulator and a federal grand jury in the Southern District of New York, adding federal prosecutors sought the same documents from TMTG that they asked Digital World and its directors for earlier. (https://bit.ly/3ny1in2)
"Trump Media & Technology Group will continue cooperating fully with inquiries into our planned merger and will comply with subpoenas we've recently received, none of which were directed at the company's Chairman or CEO," the company said in a statement on Friday.
TMTG agreed to merge with Digital World in October and the deal was expected to close by the second half of this year. The latest developments might delay or stall the deal.
The U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority have been investigating the deal since late last year. Last month, Digital World said the SEC also sought more information.
Some current and former TMTG members also recently received individual grand jury subpoenas, according to the blank-check firm.
(Reporting by Chavi Mehta in Bengaluru; Additional reporting by Rhea Binoy; Editing by Shounak Dasgupta and Chris Reese)
办公室装修
(2022-07-04 10:53:18Z)ADD更对客户提供了完善的一体化服务；从项目选址咨询、空间设计规划、工程实施与管理，乃至于项目竣工后的修缮维护等，透过高效的管控与协调能力，将项目所关连的多种复杂环节予以整合，有效提升了整体工作效率与品质，同时更为客户降低了成本。我们对设计永远热情，对完美永远坚持，对趋势始终掌握。
REPLYOutdoor Home Security Cameras
(2022-07-04 10:58:36Z)With the popularity of the Internet and the improvement of home safety awareness, more and more people have started to consider installing security cameras. For individual households, by installing security cameras on their front door, they could easily check the visitors whether day or night. For houses with front or backyards, security cameras could help to prevent unwanted guests (thieves, burglars). As for shops on the street, the security cameras could watch over the stores and the parking spots outside.
REPLYWifi Air Conditione
(2022-07-05 01:46:47Z)Headquartered in Southern California, Ukoke is a complete automation system with intuitive control suitable for residential homes, commercial premises, and other purposes. We leverage our expert knowledge, unique talent and advanced technology to design and develop state-of-the-art home appliances that help people do their daily routine tasks more efficiently and easily. All our products are developed keeping simplicity, technology, and convenience in mind.
REPLYcustomized products
(2022-07-05 12:55:28Z)99diy is a Personalized print-on-demand & Dropshipping supplier. We help entrepreneurs, artists, small business owners, and influencers sell personalized products more easily by printing and drop-shipping them straight to their customers. Customize anything: Jewelry, Necklaces, Charms, Bracelets, Rings, Earrings, Contact Lens, t-shirts, shoes, leggings, bags, mugs, pet supplies, home decor, wall art, accessories, and personalized gifts.You sell it, we handle the rest.
REPLY