Twitter today announced it has filed a preliminary filing with the US Securities and Exchange Commission in connection with its previously announced agreement to acquire Twitter by Elon Musk for $54.2 per share.
Twitter added that they are aiming to complete the deal "as soon as possible."
On April 25, it became known that Elon Musk signed a deal to buy Twitter for $44 billion.
On May 13, he said that the deal was on hold while data on the number of fake accounts on the social network was being verified.
Later, he expressed his intention to conduct a random check of 100 subscribers.