The company that's trying to buy President Trump's Truth Social social-media app has a new address.
Digital World Acquisition, a so-called "blank-check" company that's struggling to seal a deal for Truth Social, has now listed its HQ address as 3109 Grand Avenue, Miami, the same address as aUPS Store.
According to the Financial Times, a staff member at theUPS Store confirmed that unit 450 is one of Digital World's mailboxes.
In the wake of the Capitol siege on January 6, 2021, Trump decided to create his own social media app. The platforms have been criticized by Trump for removing his accounts.
The deal between Digital World and Truth Social was supposed to close in September of 2022. The owner of Truth Social blamed the SEC for the delay in the merger.
Digital World's "address of principal executive offices" has been listed in Securities and Exchange Commission Filings as the same address as the United Parcel Service store in Coconut grove. The address prior to that was a WeWork building in downtown Miami.
Digital World is listed as a building on the outskirts of San Diego on its website.
According to the Financial Times, Digital World pays another business affiliated with its CEO $15,000 a month for office space, utilities, and admin services.
Digital World said in an SEC filing Friday that investors were pulling more than a billion dollars from the company's acquisition of Trump Media and Technology. If the deal wasn't completed in time, investors could back out.
Digital World did not respond to Insider's request for comment.
Truth Social has had a number of problems, including investors walking away from Digital World and the SEC reviewing the merger.
Since the app's launch in February, Trump has amassed 4.1 million followers, compared with 88 million before he was banned from the social networking site.
The app is not currently available on the store. Executives have left Truth Social's parent company after a research group found it had been removing or limiting posts.
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