Digital World Acquisition Corp. Shares plunge 12% as two key Tech executives quit Trump’s Truth Social after a turbulent app launch, according to a report by Reuters on Monday.

  • Josh and Adams and Billy Boozer, former chiefs of technology and product development, joined the venture last year and became important players in its bid to develop a social-media empire.
  • Less than a year later, both executives have resigned from their positions at a critical moment for the company’s smartphone-app release plans.
  • The departures come after the troubled launch of the company’s iPhone application on February 20. After several weeks, many users are still waiting, unable to access the platform.

The company has an application for iPhones but no application for Android phones, which accounts for over 40% of the US market. DWAC: NASDAQ is down -13.94%