I’m not exactly sure what you’re reading but if you read in the latest effect filing about the ‘business combination’ that is what we’re all waiting for. DWAC combines with TMTG and then becomes the ticker DJT or DJTW.
The IPO that happened for DWAC several years ago is not pertinent.
I was reading their SEC filing from years ago - not sure about the filing of the merger part, you may be right.