Experts tell Newsweek they expect the vote to pass, eventually putting the former president's name and image on the stock market.
Shares of Digital World Acquisition Corp swung wildly in value on Thursday ahead of a critical shareholder vote to merge with Trump Media & Technology Group.The Friday vote, which experts told Newsweek should pass, could significantly impact former President Donald Trump's financial interests, and comes as Trump publicly grapples with securing a bond for a $454 million civil judgment.
filed a lawsuit against its largest investor, ARC Global Investments II, which has cast a shadow over the proceedings.The suit alleges that ARC and managing member Patrick Orlando are reneging on their contractual commitment to support the merger, despite having previously stated they believe 'in the merits' of the deal. The refusal,
millions and risking the company's dissolution if the merger does not proceed.
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