Digital World Acquisition Corp

Photo: Chris Delmas (Getty Images)The shell company struggling to take Donald Trump’s Trump Media and Technology Group public just bought itself some desperately needed time. Thanks to a newshareholder vote, Digital World Acquisition Corp (DWAC) will now have until September 8, 2023 to complete its merger with the Truth Social parent companyMore than 65% of DWAC shareholders on Tuesday voted in favor of extending its merger agreement deadline with TMTG after delaying the vote six separate times. The extension vote,…

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022.Dado Ruvic | ReutersA South Florida real estate executive has quit the board of Digital World Acquisition Corp., the blank-check company that agreed to take former President Donald Trump's media company public, according to a securities filing Wednesday.Justin Shaner, the CEO of Shaner Properties in the Miami-Fort Lauderdale area, resigned from DWAC's board of directors Friday, the…

This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.Stefani Reynolds | AFP | Getty ImagesShares of the blank check company set to take Trump Media and its Truth Social platform public fell sharply Wednesday after candidates endorsed by the former president disappointed in high-profile midterm election races.Digital World Acquisition Corp.'s shares fell more than 16% Wednesday morning.In Pennsylvania,…

The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022.Nurphoto | Getty ImagesMonths after Donald Trump began building his social media platform, Truth Social, he considered jumping ship and backing a competitor, according to an insider account.Trump Media founders and former "Apprentice" contestants Andy Litinsky and Wes Moss first met with Trump over burgers and ice cream on Jan. 26, 2021 —…

The social media app will be developed by Trump Media and Technology Group (TMTG).Rafael Henrique | LightRocket | Getty ImagesShares of Digital World Acquisition Corp., the company set to take Trump Media and Technology Group public, spiked Monday after former president Donald Trump hinted at a 2024 presidential run.Shares of DWAC gained 66.5% Monday, pushing the company's market value over $1 billion for the first time since August. The stock is still down 43% year to date as the special purpose acquisition company…

Donald Trump says he’ll ‘probably’ pursue a third presidential run. He dropped the rather definitive hint at a rally last week. In response, shares of the shell company Digital World Acquisition Corp. tied to Truth Social meaningfully increased in value for the first time in months. At market open on Monday, DWAC’s value instantly climbed about 25%, before falling slightly.Referencing running for president, Trump said he would “very, very, very probably do it again,” at an Iowa rally on Nov 3. Then two days later, while…

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022.Dado Ruvic | ReutersDigital World Acquisition Corp., the shell company set to take Trump Media and Technology Group and its Truth Social platform public, adjourned a shareholder vote on the planned merger for a sixth time Thursday as its Dec. 8 liquidation date nears.DWAC needs 65% of its shareholders to approve an extension of the Trump Media merger to September 2023, a year beyond its…

The Rumble video platform logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesTrump Media and Technology Group executives named Parler and Rumble as theoretical acquisitions or partners, according to documents provided by co-founder and whistleblower, William Wilkerson, through his counsel.Wilkerson was one of the early executives at Trump Media and its Twitter-esque social media platform Truth Social. The project was started by…

The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022.Nurphoto | Getty ImagesShares of Digital World Acquisition Corp., the blank check company set to take Trump Media and Technology Group and its Truth Social platform public, fluctuated Friday as Elon Musk took the reins at Twitter.Musk has previously said that he would reinstate Trump's account on Twitter, which was banned after the Jan.6,…

In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background.Rafael Henrique | Lightrocket | Getty ImagesFormer President Donald Trump's media company fired an executive Thursday after he shared internal documents from a Securities and Exchange Commission whistleblower complaint with The Washington Post and spoke with the newspaper, the news outlet reported Saturday.Will Wilkerson was a senior vice…