Trump Media deal partner says shareholders approve delay of merger with Truth Social parent ...Middle East

Technology by : (The Hill) -
Shareholders for a firm seeking to merge with Trump Media and Technology Group (TMTG) voted on Tuesday to extend the deadline to combine with the parent company of former President Trump's social media site Truth Social. Digital World Acquisition Corp.(DWAC) will now have until September 2023 to complete the merger with TMTG, according to CNBC. Shares were up roughly 2 percent on news of the extension. DWAC, a so-called "blank check" company created to merge with a technology company, faced liquidation if it didn't win approval to extend the deadline. TMTG needs the cash from the acquisition firm to go public. The merger could result in around $1 billion in funding. Before T

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