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Digital World Discloses In-Fighting Could Derail Trump Media Deal

Digital World in an amended SEC filing revealed a dispute over compensation with its founder and former CEO Patrick Orlando, with the SPAC warning it could postpone or even derail the long-delayed merger with Trump Media & Technology Group (TMTG). Meanwhile, the ex-president's media company is facing new disputes of its own.
SEC
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SEC Brings the Hammer Down on SPACS

The biggest change would be removing "safe harbor" protections that currently allow companies being acquired by SPACs to provide more forward-looking projections than are allowed for traditional IPO issuers.