Digital World Acquisition today announced that it had successfully filed its amended and restated Annual Report on Form 10-K, which contains restatements of the following periods: audited consolidated financial statements for the fiscal years ended Dec. 31, 2022 and 2021, and unaudited consolidated financial statements for the quarterly periods ended March 31, June 30 and Sept. 30, 2022.
Following these filings, the SPAC expects to submit its S-4 in preparation for the potential merger with Trump Media & Technology Group.
Digital World had previously announced the financial reports in question could no longer be relied upon.
The deal with Trump’s media company was announced more than two years ago and has been lurching along ever since amid management shakeups, federal investigations and insider trading charges against several of the SPAC’s investors. Read more.
