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“ MIAMI, FL / ACCESSWIRE / February 14, 2024 / Digital World Acquisition Corp. (NASDAQ:DWAC) ("Digital World," and/or the "Company") and Trump Media & Technology Group ("TMTG") today announced that on February 14, 2024, the U.S. Securities and Exchange Commission ("SEC") declared effective the Registration Statement on Form S-4 (the "Registration Statement") for the companies' proposed business combination (the "Business Combination").
Digital World expects to announce within two business days, the date of the special meeting of its stockholders (the "Special Meeting"), where stockholders of the record date, yet to be announced, can vote on the approval and adoption of the Business Combination. Digital World and TMTG look forward to continue collaborating toward the consummation of their long-awaited partnership. "We are immensely proud of the strides we've taken towards advancing the Business Combination," declared Eric Swider, the Chief Executive Officer of Digital World. "This achievement marks a significant milestone for us. Our sincere thanks go to our shareholders for their unwavering support. We are excited to soon share the news of the Business Combination's approval process with them."
TMTG CEO Devin Nunes said, "Truth Social was created to serve as a safe harbor for free expression and to give people their voices back. Moving forward, we aim to accelerate our work to build a free speech highway outside the stifling stranglehold of Big Tech." Nunes continued, "I'd like to thank everyone who has believed in our mission and helped bring us to this moment: DWAC and its CEO Eric Swider, DWAC shareholders, the TMTG Board of Directors, the entire TMTG staff, and the whole community of Truth Social users."
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