Twitter plans to call an extraordinary general meeting by early August. At issue is the proposed purchase of the company for about $44 billion by Tesla leader Elon Musk.

The information was disclosed to employees by the chief lawyer of the technology, Vijaya Gadde, quoted by Reuters. The shareholders' meeting is expected to take place between late July and early August.

Earlier this week, Elon Musk's lawyers wrote a letter to Twitter's board of directors threatening to tear up the agreement announced on April 25.

Tesla's leader has demanded that the company prove the claim that the number of bots on the platform - that is, automated accounts - is less than 5% of the social network's total "monetizable" users. The entrepreneur does not believe this and had already last month announced the "suspension" of the deal until this information is provided.

In April, the international press reported that the agreement between Musk and Twitter's management provides that the entrepreneur can walk away from the deal by paying Twitter a $1 billion fee - and vice versa - under certain circumstances. In this particular case, it is Musk who is accusing the company of violating the agreement.

Despite the turmoil, Twitter management claims that it continues to share information with Elon Musk, including a mechanism for compressing all posts analyzed under different parameters. The shared data does not contain confidential elements, such as the details of the social network's users.

In this Wednesday's session on the US market, Twitter shares are up 0.65% to $40.39. The amount is 25.5% below the $54.2 per share bid for Elon Musk's company.