According to the company’s CEO Patrick Orlando, the orders required the company and each of its board members to provide information about its relationships and dealings with various entities and individuals, but especially the investment rocket Rocket One Capital from Miami, Florida. Van, Bruce Gerlik, of the DWAC Board of Directors.
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The new investigation is quite similar, apparently, to previous investigations opened against DWAC by the SEC itself and the Justice Department in the Biden administration (which also appointed the district attorney who heads the new investigation, Damian Williams). All investigations are related to suspicions that DWAC violated SPAC laws and discussed with Trump people regarding a possible merger even before its IPO – while the law says SPAC is limited to selecting a domain only, and not a potential investment object, before raising money on the stock exchange.