That’s one of the most obvious guidelines set by the government. SPACs can’t approach a target until after they’ve raised their capital.
Very little about #Trump Media signaled to investors that Truth Social would be a well-run business, & that included its new CEO. The board selected #DevinNunes, a right-wing California congressman who resigned his seat to take the job in December 2021. Nunes had never led a #technology or #media company.
Rather, #DevinNunes was a close #Trump ally who had received bipartisan criticism for his efforts to undermine the #FBI’s investigation into #Russia’s 2016 #ElectionInterference as well as widespread mockery for his tendency to sue his detractors for #defamation. His legal targets included Esquire, CNN, the McClatchy newspaper chain, an anonymous Twitter user who pretended to be his mother, & another poster who pretended to be the congressman’s cow.
#criminal #law#FEC#SEC
#VoteBlue#Harris2024
#criminal #law#FEC#SEC
#VoteBlue#Harris2024