Digital World Acquisition, the SPAC trying to merge with former President Donald Trump’s social media platform, said it had been cleared by the Nasdaq over non-payment of certain fees.
“The company’s fee delinquency has been cured, and as a result the company has regained compliance with the applicable listing standard,” it said in an 8-K filing, adding that a scheduled hearing next month related to the matter had been canceled.
The SPAC last week fired its original CEO, Patrick Orlando, who remains on the Digital World board. Read more.
