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Digital World (DWAC) Promises Trump Media and Technology Group (TMTG) Juicy Bonuses and Earnout Shares To Stick With the Merger Agreement

NewsTech

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Trump Truth Social Digital World Trump Media and Technology Group

The SPAC Digital World (NASDAQ: DWAC) is now rolling out the proverbial red carpet and offering various bells and whistles to the Trump Media and Technology Group (TMTG), the entity that controls the Truth Social platform, to entice its increasingly recalcitrant partner to continue to stick with their merger agreement. As per a fresh filing with the SEC, Digital World is offering cumulative cash bonuses of $6.38 million to attract and retain "employees and other personnel associated with TMTG." Provided that certain conditions are met, the SPAC has agreed to issue this cash bonus once the agreed-upon merger between Digital […]

Read full article at https://wccftech.com/digital-world-dwac-promises-trump-media-and-technology-group-tmtg-juicy-bonuses-and-earnout-shares-to-stick-with-the-merger-agreement/

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