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Tuesday, January 09, 2024 1:52:27 AM
January 9, 2024
Item 5.07
Submission of Matters to a Vote of Security Holders.
On December 19, 2023, the Digital World Acquisition Corp., a Delaware corporation (the “Company”) held its 2023 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, 29,992,831 shares of Class A common stock and 7,187,500 shares of Class B common stock were outstanding and entitled to vote on Proposals No. 1 and 3 (as described below). A total of 24,053,728 shares of Class A common stock and Class B common stock, or approximately 64.69% voting as a single class, were represented in person or by proxy for the purposes of voting on Proposals No. 1 and No. 3.
A total of 28,859,347 shares of Class A common stock were outstanding and entitled to vote for Proposal No. 2 (as described below). A total of 17,009,719 shares of Class A common stock or 58.94%, excluding the Company’s sponsor ARC Global Investments II LLC and the Company’s directors, officers and their affiliates, were represented in person or by proxy for the purposes of voting on Proposal No. 2. As such for Proposal No. 2 the quorum of the disinterested shareholders was 58.94%.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1849635/000119312523299961/d621855d8k.htm
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https://www.sec.gov/edgar/browse/?CIK=1849635&owner=exclude
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