Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. made a major step in the proposed Truth Social merger that would inject the company with significant financing, a Monday announcement from both companies revealed. [cut] The merger would allow Truth Social to go public, issue stock, and access hundreds of millions of dollars in financing. Former President Donald Trump created Truth Social after Facebook and Twitter, now known as X, banned him from the social media platforms. Reuters reported in October that DWAC, the special purpose acquisition company designed to take Truth Social public, said this week...