New York-based grand jury issues subpoenas to Truth Social SPAC board members

Plans for a Special Purpose Acquisition Company (SPAC) merger for Donald Trump’s media group could have hit roadblocks with a New York-based federal grand jury sending subpoenas to members of the company’s board.
According to a new SEC filing, these subpoenas have requested documents related to “Digital World’s S-1 filings, communications with or about multiple individuals, and information regarding Rocket One Capital.”
The SEC had made inquiries about the acquisition corporation last December about its anticipated merger with Trump Media & Technology Group (TMTG), the owner of the Truth S

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