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.
Digital World has filed with the SEC a registration
statement on Form S-4 (as may be amended from time to time, the Registration Statement), which includes a preliminary proxy statement of Digital World, and a prospectus in connection with the proposed business
combination transaction (the Business Combination) involving Digital World and TMTG. The definitive proxy statement and other relevant documents will be mailed to stockholders of Digital World as of a record date to be established for
voting on the Business Combination. Securityholders of Digital World and other interested persons are advised to read the preliminary proxy statement/prospectus, and amendments thereto, and the definitive proxy statement/prospectus in connection
with Digital Worlds solicitation of proxies for the special meetings to be held to approve the Business Combination because these documents will contain important information about Digital World, TMTG and the Business Combination. Digital
World securityholders and other interested persons will also be able to obtain copies of the Registration Statement and the proxy statement/prospectus, without charge, once available, on the SECs website at www.sec.gov or by
directing a request to: Digital World Acquisition Corp., 3109 Grand Ave. #450, Miami, FL 33133.
Participants in Solicitation
Digital World and TMTG and certain of their respective directors, executive officers, other members of management and employees, under SEC rules, may be deemed
to be participants in the solicitation of proxies from the securityholders of Digital World in favor of the approval of the proposed Extension and the Business Combination. Securityholders of Digital World and other interested persons may obtain
more information regarding the names and interests of Digital Worlds directors and officers in the proposed Extension and the Business Combination in Digital Worlds filings with the SEC, including the Extension Proxy Statement and the
Registration Statement, and the names and interests of TMTGs directors and officers in the proposed Business Combination in the Registration Statement. These documents can be obtained free of charge from the sources indicated above. TMTG and
its officers and directors do not have any interests in Digital World or the proposed Extension other than with respect to their interests in the Business Combination, to the extent the Extension is effectuated.
Non-Solicitation
This press release is not a proxy
statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Extension or Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy the
securities of Digital World, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state
or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Forward Looking Statements
This press release contains
certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed Extension and the proposed Business Combination between Digital World and TMTG, including without limitation statements regarding the
uncertainties relating to Digital Worlds stockholder approval of the Extension, the anticipated benefits of the Business Combination, the anticipated timing of the Business Combination and the private placement of Digital World (the
PIPE), the implied enterprise value, future financial