Digital World Acquisition Corp. (Nasdaq: DWAC), sponsored by ARC Global Investments II, LLC, completed its initial public offering in September 2021, targeting the media and technology sector. The blank check company announced a business combination with Trump Media & Technology Group Corp., the operator of the Truth Social platform, shortly after its IPO. As of the 10-Q filing dated November 13, 2023, the proposed merger remained pending, subject to shareholder approval and regulatory review. The transaction subsequently closed in March 2024, at which point DWAC ceased to exist as a standalone SPAC vehicle. Visit SpacDesk and sign up for full filing data, status timelines, and deal analytics on DWAC and hundreds of other SPAC transactions.