Digital World Acquisition urges stockholders to vote for extension

Digital World Acquisition Corp. announced today that the special meeting of stockholders, which was originally scheduled for August 17, 2023, is being postponed to 10:00 a.m. Eastern Time on September 5, 2023. The Special Meeting is for stockholders to consider amending the Company’s amended and restated certificate of incorporation as further amended on November 22, 2022, to extend, upon the approval by the Company’s board of directors, the period of time for the Company to consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination involving the Company and one or more businesses, to cease its operations if it fails to complete such business combination, and to redeem or repurchase 100% of the Company’s Class A common stock included as part of the units sold in the Company’s initial public offering that was consummated on September 8, 2021 up to four times, each by an additional three months, for an aggregate of 12 additional months or such earlier date as determined by the Board. The record date for the stockholders’ meeting to vote on the Extension remains July 10, 2023. Stockholders who have previously submitted the ir proxy or otherwise voted and who do not want to change their vote need not take any action. Stockholders as of the Record Date can vote, even if they have subsequently sold their shares.