Truth Social SPAC could pay Trump’s astronomical legal bills – if board OKs it

This post is by Devin Coldewey from TechCrunch

Donald Trump’s beleaguered SPAC deal is finally going through, and just in time to pay nearly half a billion dollars owed over several legal actions — if the board agrees to let him sell. Let’s get all the acronyms out in the open. Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), has […] © 2024 TechCrunch. All rights reserved. For personal use only.