Just wanted to point this out - there are a couple of business articles related to DWAC surfacing this morning. ZH and CNBC about a failed proxy vote.
https://www.cnbc.com/2022/09/06/shares-of-trump-spac-fall-after-merger-extension-vote-fails.html
https://www.zerohedge.com/political/trumps-truth-social-spac-plummets-after-shareholders-reject-extension
As a shareholder, the proxy voting material said optional.
Additionally there was a 'tender offer' of $10 a sh also for shareholders to vote.
(which would be a significant loss - basically lighting money on fire)
What is being reported is not what this shareholder received in materials provided by stockbroker.
Of course the stock is down - they are trying to get to $10 sh.