Digital World Acquisition Corp. has entered into an asset acquisition agreement to acquire the assets of WorldConnect Technologies, L.L.C. and WorldConnect IPTV Solutions, LLC. They have also entered into a standby equity purchase agreement with YA II PN, LTD. for the sale of up to $2.5 billion of common stock. The company is involved in various legal proceedings, including disputes with United Atlantic Ventures, ARC, Odyssey Transfer & Trust Company, and others.