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Thursday, November 14, 2024

Trump’s Truth Social Faces More Trouble: SEC Calls SPAC’s Financial Statements Unreliable As Stock Faces Delisting

Digital Media Acquisition Corp., which plans to merge with the parent company of Donald Trump’s Truth Social platform, received a warning last week from regulators finding accounting errors in its last financial report, threatening to delist the firm from Nasdaq, on top of two investigations that …

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