Digital World Corp’s Equity Sale and Merger Risks

Digital World Corp (DWAC) has released an update to notify the public and investors about the unregistered sales of equity securities.

Digital World Acquisition Corp. has filed essential documents with the SEC regarding a proposed Business Combination with TMTG, with key details available for stockholders and interested parties to review. Proxy statements and prospectuses, which are pivotal for the upcoming special meeting vote, can be accessed on the SEC’s website or directly through Digital World. While the merger promises potential growth, it carries risks such as possible SEC investigations, meeting Nasdaq standards, and the impact on TMTG’s business, underscoring the importance for stakeholders to carefully consider the forward-looking statements and associated uncertainties documented in the filings.

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For a comprehensive understanding of the announcement, you can read the full document here.