Joe.My.God. LGBT News
Reuters reports:
The blank-check acquisition firm that agreed to merge with Donald Trump’s social media company failed to secure enough shareholder support for a one-year extension to complete the deal, people familiar with the matter said on Monday.
At stake is a $1.3 billion cash infusion that Trump Media & Technology Group, which operates the former U.S. president’s Truth Social app, stands to receive from Digital World Acquisition Corp, the special purpose acquisition company that inked a deal last October to take TMTG public.
Digital World has disclosed that the SEC, the Financial Industry Regulatory Authority and federal prosecutors have been investigating the deal with TMTG, though the exact scope of the probes is unclear.
Read the full article.
Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension https://t.co/JsJDOyUbFO pic.twitter.com/0OyejIw6Q3
— Reuters (@Reuters) September 6, 2022
Trump is on Truth Social saying that he should now be reinstated as president and Biden removed. Again. But no, the movement he leads is not a threat to democracy.
— Ron Filipkowski ?? (@RonFilipkowski) September 5, 2022
After the FBI searched Mar-a-Lago, downloads of Truth Social increased, and conspiracy theories and violent posts on the app grew.
It’s becoming a safe place for Trump’s supporters to dox government workers and their families. It has to go.https://t.co/B1E5lnPRbD
— Citizens for Ethics (@CREWcrew) September 6, 2022
TRUTH Social is struggling with a host of financial, legal, and technical issues https://t.co/jkzkYfJueC
— TIME (@TIME) September 6, 2022