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Truth Social SPAC Founder Wants $1M Award For Payout Suit

By Katryna Perera ( October 24, 2024, 10:40 PM EDT) -- The investment sponsor of the special purpose acquisition company, or SPAC, that took former President Donald Trump's Truth Social media company public has asked for a $1 million fee award for driving the Delaware Chancery Court litigation over the Trump camp's attempts to slash a SPAC deal stock conversion ratio that would have cost some preferred investors millions....

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