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Zenger
Zenger
Chris Katje

Trump SPAC Deal Is Almost Over – Will Sept. 5 Be The Day Of Its Demise?

SPAC Donald Trump Brandon Bell Trump Media & Technology Group ( DWAC Julian Klymochko
Republican presidential candidate and former U.S. President Donald Trump is directed to his vehicle at the Iowa State Fair in Des Moines, Iowa on August 12, 2023. Trump Media & Technology Group and Digital World Acquisition Corporation announced their intention to merge in October 2021. Since the merger's announcement, it has seen a number of setbacks and regulatory pressure. A recent postponement of the merger approval vote is pushed to December 31, 2023. BRANDON BELL/GETTY IMAGES

A SPAC merger to bring Donald Trump’s media company public was announced back in October 2021, and the deal for the TRUTH Social platform has yet to close.

The merger has faced many setbacks and regulatory pressure in the nearly two years since the deal was announced.

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