Odaily Planet Daily News: Three senior executives of Trump Media & Technology Group have established a new SPAC (special purpose acquisition company) Renatus Tactical Acquisition Corp I, which plans to raise at least $179 million through IPOs and private placements to acquire companies in the fields of cryptocurrency, blockchain, data security and dual-use technology.
Renatus Tactical stated in a filing with the U.S. Securities and Exchange Commission (SEC) that its CEO Eric Swider is now a member of the Trump Media board of directors, Trump Media CEO, President and Chairman Devin Nunes serves as chairman of the Renatus Tactical board of directors, and COO Alexander Cano served as president of the company merged with Trump Media.
It is worth noting that the Trump administration's appointments to regulatory agencies such as the SEC, the Department of Justice and the Federal Trade Commission may affect the review of related mergers and acquisitions. (Forbes)