No, they aren’t merging yet, but it is more of a possibility than it was a few days ago (only because the deal would have immediately collapsed this week.) Since you didn’t publish an article with your “gleeful exclamation” here is what happened today - The Details (clue - a meeting was scheduled):
Digital World Acquisition Corp. needs the approval of its shareholders to extend the deadline for its merger with Trump Media and Technology Group (TMTG). TMTG is the parent company of Donald Trump’s social media platform, Truth Social.
Under Digital World Acquisition’s articles of incorporation, the company would face dissolution if the merger with Trump Media and Technology group is not completed by Sept. 8. The company scheduled a shareholder meeting to extend the merger deadline by a year. (Therefore, DWA lives another day/year if shareholders agree to an extension.)
Shares of DWAC are moving higher on heavy trading volume. According to Benzinga Pro, more than 1.65 million shares have already been traded in the session, compared to the stock’s 100-day average of just over 955 thousand shares.
I didn’t say this is merger, although could have been clearer in my post; this is the extension vote which CLEARS the way to merger and gives us the necessary time to get all the pieces and parts in order.