DWAC Stock Alert: Shareholders Approve Truth Social SPAC Merger
DWACDigital World Acquisition (DWAC) InvestorPlace·2024-03-23 04:07

Digital World (NASDAQ:DWAC) shareholders voted Friday in favor of merging with the Trump Media & Technology Group (TMTG), the parent company of Truth Social. This approval comes more than two years after the deal was first announced. Since October 2021, Digital World has faced an uphill battle as multiple regulatory agencies have investigated it and the deal has faced delays. As a result, the blank-check firm ultimately sought an extension for the merger deadline. But today, at long last, shareholders cast ...