Patrick Orlando, the CEO of the SPAC set to take Trump Media and Technology Group public, urged Donald Trump and Trump Media CEO Devin Nunes to promote an upcoming vote to extend the merger deadline for the two companies, CNBC reports.
″@realDonaldTrump @DevinNunes let’s get the vote awareness up,” the Digital World Acquisition chief wrote in a Truth Social post that attached information about the shareholder vote.
Representatives for DWAC and TMTG did not immediately respond to a request for comment.
DWAC stockholders will vote Oct. 10 to approve an extension to the merger deadline. A similar vote in September failed to garner the necessary 65% investor support. Orlando then injected $2.8 million from his company Arc Global Investments II into a trust for DWAC, helping it stave off liquidation for the moment. Read more.
