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Auditor warns of ‘substantial doubt’ about future of business as it reports less than $1mn in quarterly revenue
The former US president gained billions on paper this week when his Truth Social media business went public
Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’
Plus, the heat rises on Sullivan Cromwell’s FTX fees and Adam Neumann begins to put together a WeWork bid
Shares of company behind former president’s Truth Social platform rise 16% in first day of trading
TMTG looks like a rightwing meme stock combined with the classic pathologies of the blank cheque bubble
Litigation with a former partner hangs over Friday’s vote to take Truth Social network public
Legal fight complicates path to public listing for Truth Social operator that could provide windfall for former president
Digital World Acquisition Corporation’s ‘agreement in principle’ would require approval of US securities regulator
UK Edition