Deal partner for Trump's Truth Social fails to get backing for SPAC extension -sources

Sept 5 (Reuters) - The blank-check acquisition firm that agreed to merge with Donald Trump’s social media company failed to secure enough shareholder support for a one-year extension to complete the deal, people familiar with the matter said on Monday.

At stake is a $1.3 billion cash infusion that Trump Media & Technology Group (TMTG), which operates the former U.S. president’s Truth Social app, stands to receive from Digital World Acquisition Corp DWAC.O the special purpose acquisition company (SPAC) that inked a deal last October to take TMTG public.