Vice Chancellor Lori Will has ruled that the sponsor of a SPAC survived by Donald Trump’s media company is owed more stock than originally offered by the post-IPO entity, but less than the sponsor asked for.

Will’s post-trial opinion issued Tuesday stated Digital World Acquisition Co., the SPAC survived by Truth Social owner Trump Media & Technology Group, breached its contract by giving DWAC sponsor ARC Global Investments Co. fewer shares than it should have, but that DWAC and its directors hadn’t breached their fiduciary duties as ARC had alleged.