BOSTON (Reuters) – Digital World Acquisition Corp, the blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company, on Thursday postponed its meeting by three hours to try and find more votes to secure enough shareholder support for a 12-month extension.
Digital World had until today to complete a merger with Trump Media & Technology Group (TMTG), which operates the Truth Social app, or give back hundreds of millions it raised in an initial public offering last year.
(Reporting by Svea Herbst-Bayliss; Editing by Chizu Nomiyama)