It is unable to access hundreds of millions of dollars tied to a prospective merger with a blank check acquisition company.
by the SEC for possibly negotiating its merger deal prior to going public, which is illegal if true.
William Wilkerson, former senior vice president of operations for Truth Social's parent company, is cooperating with the investigation — including turning over internal business documents — according to a statement made by his attorneys to: The app continues to grow modestly, giving Trump a megaphone while he remains de-platformed from most social media sites.
An Axios analysis of engagement with his Truth Social posts during Sept. 2022 compared to his Twitter posts during Sept. 2020 finds that while his engagement has decreased significantly, Trump still receives notable attention on Truth Social. He has 4.17 million followers on Truth Social, as of Oct. 11, compared to the roughly 86 million followers he had on Twitter in September 2020.Shares in DWAC have taken a hit in light of Elon Musk's planned purchase of Twitter. Musk has said that he would like to relax content moderation rules and has"You might as well call it Trumpet," he told The Financial Times last week.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SPAC Again Delays Shareholder Vote on Merger With Trump’s Social-Media PlatformThe special-purpose acquisition company trying to take public former President Donald Trump’s social-media platform pushed back the deadline for its shareholders to vote on giving the company more time to close its deal
Read more »
Trump social media SPAC adjourns meeting over merger extension vote againThe SPAC taking Trump Media & Technology Group public once again adjourned its special shareholder meeting to announce voting results about a deal extension.
Read more »
Stockholder meeting to delay Truth Social startup deal postponed againFormer President Donald Trump’s business partners on Monday again delayed a meeting on stockholders’ final consideration for extending a merger deadline of Trump Media & Technology Group, putting the Truth Social platform’s longer-term funding plans in limbo.
Read more »
'Back to the Future' Stars Michael J. Fox, Christopher Lloyd Reunite‘Back to the Future' Fans Love Michael J. Fox and Christopher Lloyd's Emotional Reunion
Read more »
‘Back to the Future’ fans love Michael J. Fox and Christopher Lloyd’s emotional reunion'Back to the Future' stars Christopher Lloyd and Michael J. Fox had a sweet reunion at New York Comic Con on Oct. 8, 2022.
Read more »