Digital World Acquisition Corp. Expands Media Reach to Social Media Platforms and Reminds
Stockholders to Vote in Favor of Extension Amendment Ahead of Special Meeting
Miami, FL, August 30, 2022 Digital World Acquisition
Corp. (Nasdaq: DWAC) (Digital World or the Company) today announced that it will be expanding its media reach by posting public announcements relating to its upcoming special meeting of stockholders (the Special
Meeting) and other company developments on TruthSocial, the platform of Trump Media & Technology Group Corp. (TMTG), and Reddit, to make it easier for its stockholders to access news about Digital World.
At the Special Meeting, Digital World stockholders will be asked for approval to further amend the Companys amended and restated certificate of
incorporation (the Extension Amendment) to extend the period of time for completing a business combination (the Extension) up to four times, each by an additional three months, for an aggregate of 12 additional months (or
until September 8, 2023) or such earlier date as determined by the Companys Board of Directors.
Patrick Orlando, CEO of Digital World, stated,
This is an important opportunity for stockholders to have their vote heard and counted. I believe we have some of the most passionate stockholders of any public company and am excited to see how many not only hold DWAC shares but will make the
effort to vote and have their vote counted. DWAC continues to believe that TMTG, our proposed business combination target, holds wonderful potential for our investors. DWAC will have more time to complete a merger if DWAC stockholders vote
FOR this Extension. We strongly feel the Extension is the right action for our stockholders, to provide more time to close a business combination.
The Special Meeting to approve the Extension Amendment will be held virtually at 12:00 p.m. Eastern Time on September 6, 2022 and can be accessed by
visiting https://www.cstproxy.com/dwacspac/ext2022. The Company encourages its stockholders to vote in favor of the Extension Amendment. Votes will be accepted up to and during the Special Meeting.
The Companys stockholders of record at the close of business on the record date, August 12, 2022, are entitled to vote the shares of common stock
of Digital World owned by them at the Special Meeting. Every stockholders vote is important, regardless of the number of shares held, and the Company requests the prompt submission of votes. The Company is requesting stockholders of record
at the close of business on August 12, 2022 to vote before 12:00 p.m. on September 6, 2022.
If stockholders
have any questions or need assistance with voting, please call the Companys proxy solicitor, Saratoga Proxy Consulting LLC, at (888) 368-0379 or by email at info@saratogaproxy.com.
About Digital World
Digital World (Nasdaq: DWAC) is a
special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
About TMTG
TMTG is a social media and technology
company. Truth Social, TMTGs social media platform, is a Big Tech alternative that seeks to create a free-speech haven without viewpoint discrimination or oppressive censorship.
Additional Information and Where to Find It
Digital
World urges investors, stockholders and other interested persons to read the definitive proxy statement dated August 25, 2022 (the Extension Proxy Statement), as well as other documents filed by Digital World with the Securities and
Exchange Commission (the SEC), because these documents contain important information about Digital World and the Extension. The Extension Proxy Statement was mailed to stockholders of Digital World as of a record date of August 12,
2022, on or about August 25, 2022. Stockholders may obtain copies of the Extension Proxy Statement, without charge, at the SECs website at www.sec.gov or by directing a request to: info@dwacspac.com.