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Blank-cheque company planning to take former president’s media company public will pay $18mn fine if deal goes through
Digital World Acquisition Corporation’s ‘agreement in principle’ would require approval of US securities regulator
US authorities allege more than $20mn in ill-gotten profits after private merger information was shared
Agreement between blank-cheque company and interim chief executive’s group also covers administrative help
Digital World Acquisition terminates Patrick Orlando amid ‘unprecedented headwinds’
Blank-cheque vehicle Digital World in talks with hedge funds over preferred stock issued in $1bn Pipe financing
Executives of blank-cheque group loan company $2.9mn to keep prospect of stock listing alive
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