
Authored by Katabella Roberts via The Epoch Times (emphasis ours),
Former President Donald Trump's company, Trump Media & Technology Group (TMTG) has reached another "important milestone" in its merger with Digital World Acquisition Corp., officials announced on Nov. 13.

Former President Donald Trump sits in the courtroom during his civil fraud trial at New York State Supreme Court in New York City on Nov. 6, 2023. (Curtis Means/Pool/Getty Images)
In a press release, the two firms unveiled the filing of "Amendment No. 1" to its Form S-4 Registration statement with the Securities and Exchange Commission (SEC).
Publicly traded companies are required to file an SEC form S-4 to register any material information related to a merger or acquisition.
The latest filing included a "preliminary proxy statement" and a prospectus "concerning the proposed merger between TMTG, the parent company of social media platform Truth Social, and Digital World, a special purpose acquisition company," and "marks an important milestone in the proposed business combination," officials said.
Digital World entered into a merger agreement with TMTG in October 2022, but the deal has yet to be finalized amid multiple delays, including investigations by the SEC and the Department of Justice (DOJ).
Earlier this year, Digital World reached a tentative settlement of a penalty of $18 million with the SEC to settle charges alleging that the company violated anti-fraud provisions relating specifically to its IPO filings on form S-1 and the S-4 form.
The DOJ also announced charges against a former Digital World board member, Bruce Garelick, and two others who were arrested in June for insider trading related to the proposed merger with TMTG.

A phone screen displays the Truth Social app in Washington on Feb. 21, 2022. (Stefani Reynolds/AFP via Getty Images)
'Crucial Milestone'
Digital World has previously called on (more…)