'BEST EFFORTS': Former President Donald Trump's social media platform Truth Social and blank-check company Digital World Acquisition Corp. could not reach a merger deal by the cut-off date and will require an extension.
social media platform Truth Social and blank-check company Digital World Acquisition Corp. could not reach a merger deal by the cut-off date and will require an extension.
Digital World, the company taking Truth Social public, announced Friday a special shareholder meeting to approve an extension to the termination date to complete the merger. In June, Digital World said a Federal grand jury in the Southern District of New York had subpoenaed its board of directors.
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