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Trump Social Media Company Receives Grand Jury Subpoena

  • Digital World says documents sought on planned merger
  • SPAC plans to take Trump Media & Technology Group public

Photographer: Chris Delmas/AFP/Getty Images

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A federal grand jury is seeking information from Trump Media & Technology Group about its planned merger with Digital World Acquisition Corp., according to a filing from the blank-check firm.

Digital World said that it found out Thursday that the panel in the Southern District of New York had demanded TMTG turn over documents related to the planned combination. The Securities and Exchange Commission issued a subpoena for similar information earlier in the week, the special purpose acquisition company said in a Friday filing.