The Truth social network logo seen on a smartphone in front of a display of former US president Donald Trump in this picture illustration taken February 21, 2022. Photo: Reuters
The Truth social network logo seen on a smartphone in front of a display of former US president Donald Trump in this picture illustration taken February 21, 2022. Photo: Reuters

Trump media deal suffers blow as SPAC fails to win extension from shareholders amid criminal probes

  • Trump Media & Technology Group stands to lose out on US$1.3 billion as part of the merger deal with Digital World Acquisition Corp
  • Digital World has disclosed that federal agencies are investigating the deal, but the exact scope is unclear

The Truth social network logo seen on a smartphone in front of a display of former US president Donald Trump in this picture illustration taken February 21, 2022. Photo: Reuters
The Truth social network logo seen on a smartphone in front of a display of former US president Donald Trump in this picture illustration taken February 21, 2022. Photo: Reuters
READ FULL ARTICLE