The special-purpose acquisition company (SPAC) behind former President Donald Trump's Truth Social platform has been hit with subpoenas by a federal grand jury.
As flagged by New York Times business reporter Matthew Goldstein, Digital World Acquisition said in a recent 8-K filing that earlier this month it "became aware that a federal grand jury sitting in the Southern District of New York has issued subpoenas to each member of Digital World's board of directors."
