Trump-Tied SPAC’s Accounting Firm Marcum Resigns (1)

Aug. 1, 2023, 9:08 PM UTC

(Updates with context in first paragraph and final two bullets, adds share movement in first bullet.)

Digital World Acquisition Corp., the SPAC working to bring Trump Media & Technology Group public, said Marcum resigned as the company’s independent registered public accounting firm.

  • SPAC dips 1.1% to $16.45 in post-market trading while warrants slip 2.2% to $5.26
  • Despite DWAC’s full cooperation with SEC, “Marcum, without any notice, sent a resignation letter without providing further details regarding the reasons for the resignation or any additional clarifications”
    • Says recently learned that on June 21, Marcum settled an enforcement action with the SEC
    • Quotes ...





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