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Stock impact report

Court of Chancery of the State of Delaware Issues Ruling on ARC Global Investments II, LLC v. Digital World Acquisition Corp. [Yahoo! Finance]

Digital World Acquisition Corp. (DWAC) 
Company Research Source: Yahoo! Finance
and wholly owned subsidiary of Digital World (" Merger Sub "), and Trump Media & Technology Group Corp., a Delaware corporation (" TMTG "), entered into an Agreement and Plan of Merger, dated as of October 20, 2021 (as amended by the First Amendment to Agreement and Plan of Merger, dated May 11, 2022, the Second Amendment to Agreement and Plan of Merger, dated August 9, 2023, the Third Amendment to Agreement and Plan of Merger, dated September 29, 2023, and as it may be further amended or supplemented from time to time, the " Merger Agreement "), pursuant to which, among other transactions, Merger Sub will merge with in and into TMTG (the " Business Combination ") with TMTG surviving as a wholly owned subsidiary of Digital World. Upon the consummation of the Business Combination, Digital World will change its name to "Trump Media & Technology Group Corp." As previously disclosed by Digital World, on February 28, 2024, ARC Global Investments II, LLC (" ARC "), Digital World's sponsor Show less Read more
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