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Trump SPAC does not pay proxy firm despite tough search for votes

Trump SPAC fails to pay proxy firm despite tough hunt for votes - FT Reuters. FILE PHOTO: THE REALITY social networking logo sometimes appears on a smartphone before a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Executives behind a blank-cheque company Digital World Acquisition Corp that plans to take Donald Trump’s media business public have didn’t pay their proxy solicitors, The Financial Times reported on Saturday.

Digital World Acquisition Corp, create by Patrick Orlando, have not paid Saratoga Proxy Consulting because of its work assisting to rally shareholders, report said, citing people acquainted with the problem.

Digital World and Saratoga Proxy Consulting didn’t react to emailed requests for comment beyond business hours.

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