Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers

Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Dado Ruvic/Illustration/Reuters

Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.”

Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant following allegations that the social media platform is rife with spam or bot accounts.