US regulators clear path for Trump’s Truth Social merger
by Reuters from on (#6JNHK)
Trump Media & Technology Group to merge with Digital World after SEC approval, with ex-president to hold 58% company stake
The US Securities and Exchange Commission on Thursday cleared the way for blank-check acquisition company Digital World Acquisition Corp's merger with Donald Trump's media and technology company.
Digital World said a registration statement for its proposed merger with Trump Media & Technology Group (TMTG), the operator of social media platform Truth Social, was declared effective by the SEC.
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