Economy

Trump SPAC fails to pay agent company despite tough search for votes – Financial Times

Trump SPAC fails to pay agent company despite tough search for votes – Financial Times

(Reuters) – The executives behind the blank check Digital World Acquisition Corp that plans to make Donald Trump’s media business public have failed to pay attorneys’ fees, the Financial Times reported on Saturday. https://on.ft.com/3BpVjal

A report citing people familiar with the matter said that Digital World Acquisition Corp., which was set up by Patrick Orlando, did not pay Saratoga Proxy Consulting for its work helping to mobilize shareholders.

Digital World and Saratoga Proxy Consulting did not respond to emailed requests for comment outside of business hours.

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