Digital World Close to Securing $50M for Trump Deal

Digital World Acquisition, which has a merger agreement with former U.S. President Donald 's social media company, is nearing a $50 million financing deal, reports, citing people familiar with the matter.

Investment firms Anson Funds, All Blue Capital and Mangrove Partners have offered to buy the convertible notes on offer, the sources added, cautioning that the timing and composition of the deal may still change.

Digital World and TMTG have until September to complete the deal. Read more.

Source: Digital World Close to Securing M for Trump Deal