Trump Media & Technology Group Issues Statement on Proposed Merger with Digital World Acquisition Corp.
September 08 2022 - 7:02PM
Today, Trump Media & Technology Group (“TMTG”) released the
following statement regarding its proposed merger with Digital
World Acquisition Corp. (“DWAC”):
“The SEC has needlessly delayed its review of our proposed
merger, causing real and unnecessary financial harm to DWAC
investors, roughly 90 percent of whom are small, retail
shareholders whom the SEC is chartered to protect. Despite its
standard practice to provide comments within 30 days, the SEC has
failed to give meaningful feedback on DWAC’s registration statement
for a stunning 115 days and counting. In the interests of simple
fairness, the SEC needs to set aside any improper political
considerations and bring its review to a swift conclusion.”
Investor Relations Contact:MZ Group - North
Americatmtgir@mzgroup.us
Media Contact:press@tmtgcorp.com
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