Trump's social media company dealt another setback in road to stock market listing
The Trump social media company, of which Truth Social is a part of, is hoping to raise more money by merging with a blank check company, but it's faced delays, and legal and regulatory scrutiny.
Former President Trump's social media company has another potentially big problem on its hands: It's struggling to complete a stock market listing that would allow it to raise more than $1 billion it needs to keep running.
Trump Media and Technology Group, which includes the Truth Social app it launched earlier this year, had been planning to list on the Nasdaq stock exchange through a complicated process known as a SPAC merger.
But that deal is under legal and regulatory scrutiny, and the Securities and
