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Nasdaq threatens to delist Trump SPAC from stock market

Nasdaq threatens to delist Trump SPAC from stock market

11 months ago
Anonymous $KxGqLmj_R3

https://www.siliconvalley.com/2023/05/25/nasdaq-threatens-to-delist-trumps-spac-from-stock-market/

Digital World Acquisition Corp., the blank-check firm seeking to merge with former President Donald Trump’s media venture that owns the Truth Social app, has received a delisting notice from the Nasdaq.

In a press release Wednesday, Digital World said it “received an expected letter” from the stock market because hasn’t filed a quarterly report for the period ending on March 31. The letter doesn’t mean the company will be delisted, but its stock could disappear from the Nasdaq exchange if it doesn’t get its act together soon.