Trump S Social Media Platform Truth Social The Buyer Needs An Extension To Complete The Merger
Former President Donald Trump’s social media platform Truth Social and white-collar firm Digital World Acquisition Corp. was unable to reach a merger agreement by the deadline and will require an extension. Digital World, the company that takes the social networking platform public, on Friday announced a special meeting of shareholders to approve an extension to the deadline to complete the merger. “While we are making every effort to complete the Business Combination as soon as possible, our board of directors believes that there will not be sufficient time prior to the Closing Date to complete the Business Combination,” Digital World said in an SEC filing....