SEC settlement with SPAC paves way for Trump social media merger, but risks remain

Digital World Acquisition Corporation reached a tentative $18 million settlement with the SEC regarding its deal with Trump Media & Technology Group.
The settlement requires approval from SEC commissioners and Trump Media.
If approved, the settlement would remove a major obstacle blocking the merger between Digital World and Trump Media.
However, Trump Media has signaled it may withdraw from the deal if it's not completed by September 8.
There are also remaining disclosure and legal issues that could continue to stall or jeopardize the merger.