Trump Media & Technology Group (TMTG), the parent company of Truth Social
announced in October 2021 that it would merge with Digital World Acquisition Corp. (DWAC)
DWAC is a special purpose acquisition company (SPAC).
The merger is expected to take TMTG public, giving it access to the capital it needs to grow and expand.
Despite the delays and regulatory scrutiny, both DWAC and TMTG have said that they are committed to the merger.
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