The Securities and Alternate Fee is probing two of essentially the most notable SPAC offers struck this 12 months, together with former President Donald Trump’s enterprise, signaling that regulators are ratcheting up scrutiny of such offers and dashing to maintain up with the frenzy of exercise.
The SEC is investigating a possible merger between Trump Media & Know-how Group and the special-purpose acquisition firm Digital World Acquisition Corp. , Digital World disclosed in a regulatory submitting Monday.
