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.