Trump Media-Tied SPAC Still Can’t Get the Votes, Delays Meeting
- Digital World pushes shareholder vote back to November 22
- Sponsors struggle to court retail traders to back extension
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The SPAC taking Donald Trump’s media venture public is running into a roadblock: Its own investors.
Digital World Acquisition Corp. said on Thursday it will again delay a shareholder vote, this time to Nov. 22, for a no-cost deadline extension, the sixth postponement in the past two months. It’s the latest example that Trump’s loyal following of retail traders, regardless of their diamond hands, don’t understand the importance of voting.