The extension was granted three days before Digital World would have been required to dissolve itself and return money to investors.
in official documents filed for the merger process. The SPAC will need to correct those inaccuracies and resubmit the filings before the merger process can resume.Digital World, which said in filings connected to its initial public offering in September 2021 that the merger proceedings would likely take about a year, has faced a series of hurdles requiring it to seek deadline extensions with shareholders’ support. The company also sought a one-year deadline extension last September.
Eric Swider, Digital World’s chief, said in a Truth Social post Tuesday morning, “Thank you for all of the outstanding support. Please understand my silence. We remain focused on the task at hand and are watching every word we say.” Trump offered no immediate comment. Swider and representatives of Trump Media did not immediately respond to requests for comment.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Truth Social faces battle for its futureThe parent company of Donald Trump's social media platform sees a make-or-break shareholder vote on a potential merger this week.
Baca lebih lajut »
Manifest's Ending Proves The Harsh Truth About All Mystery ShowsManifest couldn't avoid this harsh reality.
Baca lebih lajut »
Inside Hugh Freeze's 'truth meeting' after Auburn's win over UMassThe Auburn football program got together early Monday morning to breakdown how Saturday's win over UMass looked on film.
Baca lebih lajut »
Broncos cannot run from the truth: Slowing Josh Jacobs critical to victoryBroncos cannot run from the truth: Slowing Josh Jacobs critical to victory. Jacobs averages 103 yards per game vs. Denver
Baca lebih lajut »
Donald Trump Spends Labor Day Weekend Planning A Revenge Tour“Republicans are already thinking about what we are going to do to Biden and the Communists when it’s our turn,” Trump wrote on Truth Social.
Baca lebih lajut »
Social media users raised red flags about mommy blogger 'abuse' long before arrestRuby Franke, a well-known mommy blogger, was arrested following months of accusations from social media users that the mom was corrupt and perhaps abusing her kids, videos show.
Baca lebih lajut »