Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often ...

ARC Global Investments II, LC v. Digital World Acquisition Corp., et al. Some case metadata and case summaries were written with the help of AI, which can produce inaccuracies. You should read the full case before relying on it for legal research purposes.

2024年3月22日 · Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. (TMTG) are suing Arc Global Investments II LLC and Miami businessman Patrick Orlando in Sarasota County Court. It...

2024年3月7日 · Additionally, the Chancery Court found that Digital World's public disclosures regarding the nature of ARC's claims and possible conversion scenarios at the closing of the Business Combination ...

2024年3月7日 · In issuing its ruling, the Chancery Court ruled that by March 8, 2024, ARC and Digital World must confer and propose a schedule by which the Chancery Court may resolve the action within 150 days...

2021年10月20日 · This Agreement and Plan of Merger (this “Agreement”) is made and entered into as of October 20, 2021 by and among (i) Digital World Acquisition Corp., a Delaware corporation (together with its successors, the “Purchaser”), (ii) DWAC Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Purchaser (“Merger Sub ...

On March 14, 2024, DWAC sent a letter to ARC demanding that “ARC irrevocably tender its vote in favor of all the business combination proposals by 5:00 p.m. ET [on March 14, 2024], and immediately cease any continued efforts to influence a negative vote.”

2023年1月26日 · DWAC was created with the help of ARC Capital, a Shanghai-based firm specializing in listing Chinese companies on American stock markets that has been a target of SEC investigations for...

2024年3月20日 · Shares of Digital World Acquisition Corp., the special-purpose acquisition corporation looking to buy former President Donald Trump’s social-media company, soared in active trading Wednesday, two...

2024年7月29日 · ARC Global Investments II, LLC was the sponsor of Digital World Acquisition Company (DWAC), a special purpose acquisition company. Early on, ARC purchased founder shares of DWAC Class B common stock that would represent 20% of DWAC's outstanding shares after its initial public offering.