The federal probe is the latest setback to Trump's efforts to take Trump Media & Technology Group Corp (TMTG), the creator of social media platform Truth Social, public.
Shares of Digital World fell 6% in premarket trading after the company said in a regulatory filing that it became aware that a federal grand jury in the Southern District of New York had issued subpoenas to its directors.
The latest subpoenas to Digital World sought the same documents as the SEC probe as well as requests relating to the company's S-1 filings.
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