Digital World Acquisition Corp., a Delaware corporation (Digital
World), has filed with the U.S. Securities and Exchange Commission (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 Trump Media & Technology Group Corp., a Delaware corporation (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., 78 SW 7th Street, Miami, FL 33130.
Participants in the 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 Business Combination. Securityholders of Digital World and other interested persons may obtain more
information regarding the names and interests in the proposed Business Combination of Digital Worlds directors and officers in Digital Worlds filings with the SEC, including the Registration Statement, which also contains the names and
interests in the proposed Business Combination of TMTGs directors and officers. These documents can be obtained free of charge from the sources indicated above.
Forward-Looking Statements
This Current Report on Form 8-K contains certain forward-looking statements
within the meaning of the federal securities laws with respect to the proposed Business Combination between Digital World and TMTG, including without limitation statements regarding 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 condition and performance of TMTG and the combined company after
the closing and expected financial impacts of the Business Combination, the satisfaction of closing conditions to the Business Combination, the level of redemptions of Digital Worlds public stockholders and the products and markets and
expected future performance and market opportunities of TMTG. These forward-looking statements generally are identified by the words believe, project, expect, anticipate, estimate,
intend, strategy, future, opportunity, plan, may, should, will, would, will be, will continue, will likely
result and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks and uncertainties.
Many factors could cause actual future
events to differ materially from the forward-looking statements in this Current Report on Form 8-K, including but not limited to: (i) the risk that the Business Combination and the
PIPE may not be completed in a timely manner or at all, which may adversely affect the price of Digital Worlds securities, (ii) the risk that the Business Combination may not be completed by Digital Worlds Business Combination
deadline and the potential failure to obtain an extension of the Business Combination deadline if sought by Digital World, (iii) the failure to satisfy the conditions to the consummation of the Business Combination or the PIPE, including the
approval of the Merger Agreement (as defined below) by the stockholders of Digital World, (iv) the lack of a third-party fairness opinion in determining whether or not to pursue the proposed Business Combination, (v) the occurrence of any
event, change or other circumstance that could give rise to the termination of the merger agreement, (vi) the failure to achieve the minimum amount of cash available following any redemptions by Digital World stockholders,
(vii) redemptions exceeding a maximum threshold or the failure to meet The Nasdaq Stock Markets initial listing standards in connection with the consummation of the contemplated transactions, (viii) the effect of the announcement or
pendency of the PIPE or the Business Combination on TMTGs