Trump SPAC shares plunge on grand jury subpoena news
CNN
Plans to make former president Donald Trump's media company public appear to have hit another roadblock.
Digital World Acquisition Corp. — the special purpose acquisition company (SPAC) that has agreed to merge with Trump Media & Technology Group — said in a regulatory filing Monday that its board members have received subpoenas from a federal grand jury in the Southern District of New York related to due diligence regarding the deal.
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