11:24 AM EDT, 03/22/2024 (MT Newswires) -- Digital World Acquisition ( DWAC ) shareholders approved its planned merger with Trump Media & Technology Group, multiple media outlets reported Friday.

The deal was announced in 2021 and aims to take the company behind Former President Donald Trump's social media platform public.

The merger is set to be completed next week. The combined company will trade under the "DJT" ticker, reports added.

Shares of Digital World Acquisition ( DWAC ) fell nearly 6% in recent trading activity.

Price: 40.00, Change: -2.81, Percent Change: -6.56