Digital World Gets Extension For Trump Media, Truth Social Merger

Digital World Acquisition  (DWAC) , the blank check company attempting to merge with former President Donald Trump’s fledgling media group, failed to find enough shareholder support late yesterday for a one-year extension on its merger plans.

The group instead arranged a three-month extension, which lasts until December 10, while postponing a vote deadline on the full one-year extension until October 10. The group could add another three months to its life as a corporate entity after December, but would need to liquidate and return its cash to shareholders after that if it hasn’t completed the Trump Media & Technology Group (TMTG) merger

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