Digital World Acquisition Corp said it had received termination notices from private investment in public equity (PIPE) investors ending nearly $139 million in investments. Sources told Reuters Sabby Management, which had committed $100 million to the PIPE, is one of the investors who have terminated. The deal between the special purpose acquisition company (SPAC) and Trump Media and Technology Group (TMTG), which owns Truth Social, has been on ice due to civil and criminal probes into the circumstances around the agreement.Read Long Article
