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Digital World shareholders vote to extend time for deal with Trump media company

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By Svea Herbst-Bayliss and Helen Coster NEW YORK (Reuters) - Investors in the blank-check acquisition company that plans to merge with former U.S.

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Svea Herbst-Bayliss and Helen Coster

After a number of delays, enough shareholders agreed to give DWAC up to an additional 12 months to finalize its plans with Trump Media & Technology Group , a person familiar with the vote said on Tuesday. Digital World's stock traded at $16.77 on Tuesday, up 1.6% on the day but down from its peak of around $97 a share in March, 2022.

 

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