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LINK Investors Fleeing Company That Hopes To Merge With Trump's Truth Social, Take It Public | HuffPost Latest News

There’s more bad news for the company that’s supposed to merge with Donald Trump’s Truth Social to take it public: Investors are beginning to jump ship.

Digital World Acquisition Corp. — the special purpose acquisition company (SPAC) that Truth Social needs to go public — revealed in a Securities and Exchange Commission filing Friday that investors have backed out of $139 million in commitments of the $1 billion previously announced by the company. ...

snytiger6 9 Sep 25
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Let's hope people will back out of it.

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