4 min listen
This Is How Much A Trump-Linked SPAC Spent On Legal Fees Amid Regulatory Probes
FromForbes Newsroom
ratings:
Length:
8 minutes
Released:
Nov 4, 2023
Format:
Podcast episode
Description
The 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.Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 4, 2023
Format:
Podcast episode
Titles in the series (100)
The Time Has Come For Biden To Make Tough Decisions—Too Bad He's Wedded To Dangerous Delusions by Forbes Newsroom