---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-181778"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2022-06-27T23:59:59+00:00"
generated_at: "2026-06-24T23:03:07.972995+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DWAC director resigns; DOJ grand jury subpoena to all board members may delay TMTG merger

## Summary
- Bruce J. Garelick resigns from DWAC board effective June 22, 2022; no disagreement cited.
- Federal grand jury in SDNY issued subpoenas to each DWAC board member on June 16, 2022.
- Subpoenas seek documents similar to prior SEC subpoenas, including due diligence on TMTG.
- DOJ and SEC investigations expected to delay S-4 effectiveness, potentially impeding TMTG merger.

## SEC filing metadata
- accession: 0001193125-22-181778
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2022-06-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000119312522181778/0001193125-22-181778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000119312522181778/d293380d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-181778
- JSON: https://secwatch.observer/filing/0001193125-22-181778.json
- Plain text: https://secwatch.observer/filing/0001193125-22-181778.txt

## Key facts
- Executive change
  Bruce J. Garelick resigned as director at Trump Media & Technology Group Corp..
  - Action: resigned
  - Role: director
  source text: Bruce J. Garelick informed the management of Digital World of his intention to resign from the board of directors of Digital World effective June 22, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000119312522181778/0001193125-22-181778-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.