Digital World Acquisition Corp., which is seeking to take Truth Social public via a SPAC merger, settles fraud charges with the US SEC for $18M; DWAC is up 50%+ (Julie Coleman/CNBC)
Julie Coleman / CNBC:
Digital World Acquisition Corp., which is seeking to take Truth Social public via a SPAC merger, settles fraud charges with the US SEC for $18M; DWAC is up 50%+ — - Shares of Digital World Acquisition Corp. soared more than 50% on Friday after the company reached an $18 million dollar fraud settlement with the SEC.
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Digital World Acquisition Corp., which is seeking to take Truth Social public via a SPAC merger, settles fraud charges with the US SEC for $18M; DWAC is up 50%+ (Julie Coleman/CNBC)
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July 21, 2023
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