FedEx is looking to buy Musk’s Twitter shares

The U.S. Securities and Exchange Commission (SEC) is investigating the release of its shares on Tesla CEO Elon Musk’s Twitter Inc. in early April, according to a letter sent to him in April.

The letter, now released by the SEC, asked regulator Musk why he did not file the required documents within 10 days of the acquisition, and to provide more information about his public statement on the platform about whether Twitter adheres to freedom of speech. Policy

In particular, the SEC asked Musk to explain why he eventually chose to file a “13G” disclosure form, which is for investors who plan to hold their shares inactive instead of the “13D” form, which is for active investors who want to manage the impact. And company policy.

SEC and Mask spokesmen did not immediately respond to requests for comment.

External experts have previously said that Mask was late in filing, and that he may have used inappropriate paperwork, drawing the attention of the SEC, which has clashed with Mask in the past.

The SEC’s letter was issued on the same day that Musk published a 9.2% share on Twitter. The billionaire, who has since offered প্র 44 billion to Twitter Pvt, has been accused by investors of undermining the company’s stock.

The CEO of Tesla Inc. had previously had problems with the SEC when the company sued him in 2018 when he tweeted that he had potentially “secured funding” for the electric car company to take $ 420 privately per share. In reality, a shopping spree was not.

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