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Trump’s Truth Social SPAC already looked like a disclosure mess
The shell company meant to take Trump’s new media venture public was already inviting questions about whether it had played fast and loose with investors and regulators. That mattered because the whole project depended on looking like a credible public-market vehicle, not a gimmick built on vibes and grievance. The early signs suggested the opposite: a Trump-branded business arrangement that was going to spend its first stretch dodging suspicion instead of building trust.