March 14 (Reuters) - Digital World Acquisition Corp ( DWAC )

:

* DIGITAL WORLD ACQUISITION CORP ( DWAC ): IN CONNECTION WITH

DELAWARE

LAWSUIT, INTENDS TO APPLY A CONVERSION RATIO TO ALL SHARES OF

CLASS B COMMON STOCK

* UNDER CONVERSION RATIO, ARC,OTHER CLASS B SHAREHOLDERS TO

RECEIVE SAME NUMBER OF SHARES IN POST-DEAL COMPANY PER CLASS B

EARNINGS PER SHARE

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