Nothing to worry about. Just a minor hiccup which is to be expected when you do business with a serial bankruptor. Don’t mind Devin Nunes on all fours in the corner having a cow. Mooooooooooooooooooooooo! 
Congrats, Dev, you just had twins!
CNBC headline: Digital World Acquisition Corp urges shareholders to delay merger with Trump Media
PUBLISHED SAT, SEP 3 202210:00 AM EDTUPDATED SAT, SEP 3 202212:20 PM EDT
Jack Stebbins
@JACKSTEBBS
https://www.cnbc.com/2022/09/03/trump-spac-shareholders-vote…
Sub-headline bullets:
Digital World Acquisition Group is urging shareholders to delay the merger with Trump Media and Technology Group.
A shareholder meeting regarding the deal is set for Tuesday, while the current deadline to complete the merger is Thursday.
DWAC has warned that a failure to extend the merger deadline could result in liquidation.
Trump Media announced in October 2021 that it would merge with DWAC to take the company public. Trump Media, headed by Republican former U.S. Rep. Devin Nunes, has said it also plans on launching TMTG News and TMTG+ video streaming services.
The high-profile nature of the merger has brought in more retail investors than SPACs normally attract. The SPACs institutional investors largely did not respond to a request for comment.
For investors, DWAC’s liquidation would pay out around $10 per share. Shares of the so-called blank check company have traded around $25 of late. This is far from its 2022 peak of about $97 in March. Weak turnout in the shareholder vote could squash the deal.
$DWAC daily chart
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