This Is How Much A Trump-Linked SPAC Spent On Legal Fees Amid Regulatory Probes
November 3, 2023
2,224
36
15
2.29%
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8:14Now PlayingThis Is How Much A Trump-Linked SPAC Spent On Legal Fees Amid Regulatory Probes
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as posted by the channelThe company planning to merge with Trump Media & Technology Group, owner of Truth Social, spent $10.8 million on legal fees related to government investigations in 2021 and 2022, according to an amended financial statement Digital World Acquisition Corp. filed with the Securities and Exchange Commission on Monday. Those legal fees comprise about 46% of the company’s total expenses over that two-year period.
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