The news comes days after DWAC, a so-called blank check company, further pushed a vote to delay its merger with Trump Media. DWAC, led by CEO Patrick Orlando, has thus far failed to garner the necessary 65% of shareholders to extend the merger deadline. DWAC is set to liquidate Dec. 8 if an extension is not approved.
The DWAC-Trump Media deal is the subject of a Justice Department probe into potential securities violations for discussions between the two companies prior to the merger announcement last fall.
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