The news conference will be held in the Capitol on March 1, 2021.
Warren asked the SEC to look into the planned SPAC deal, which involves Donald Trump and his planned social media platform.
Warren wrote a letter to the SEC Chairman, noting that Digital World Acquisition Corp. may have committed securities violations by holding private and undisclosed discussions about the merger as early as May.
The reports about DWAC and Trump Media and Technology Group7 appear to be a textbook example of SPAC misleading shareholders and the public.
Information.
CNBC requested comment from the SEC.
DWAC is a special purpose acquisition company created to raise capital in public equity markets with the goal of purchasing or merging with private firms.
Trump Media & Technology Group said last month that it had entered into a merger agreement with DWAC that would end with Trump's company becoming a publicly listed company.
Trump claimed that he would stand up to the tyranny of Big Tech with his new platform.
The ex-president was banned from social media after he was accused of inciting the Capitol riot.
Additional reporting by CNBC.
This is breaking news. You can check back for updates.
