Trump’s disastrous business deals

Trump’s business history has been so filled with disastrous ventures that it’s been hard to keep track of them all. Digital World Acquisition Corp., which is the special purpose acquisition company, or SPAC, taking Trump’s “Truth Social” media platform public, has conveniently listed them in a document it is required to file publicly.  - LA Times

A publicly-traded entity controlled by President Trump has previously been subject to a cease and desist order issued by the Securities and Exchange Commission.

A number of companies that were associated with President Trump have filed for bankruptcy.

A number of companies that had license agreements with President Trump have failed.

TMTG may be subject to greater risks than typical social media or streaming videos services because of the focus of its offerings and the involvement of President Trump.

Trump is involved in numerous lawsuits and other matters that could damage his reputation, cause him to be distracted from the business or could force him to resign from TMTG’s board of directors.

Source: Securities And Exchange Commission

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