Investors voted on Sept. 5 to give the special purpose acquisition company that intends to merge with former President Donald Trump’s Truth Social parent company more time to finalize the union following multiple delays.
More than 72 percent of shareholders with Digital World Acquisition Corp. (DWAC), a special purpose acquisition company, agreed to grant an additional 12 months to finalize its plans with President Trump’s media startup, Trump Media & Technology Group (TMTG).