Trump Media & Technology Group Corp. (DJT) Form 424B3 — Nov 5, 2026
Trump Media & Technology Group (DJT) filed a 424B3 proxy statement/prospectus for its all-stock merger with private fusion company TAE Technologies, setting a virtual special shareholder meeting for December 14, 2026. TAE holders will receive approximately 292.8 million new DJT shares at a fixed exchange ratio of 4.8327 TMTG shares per TAE share, leaving pre-merger TMTG holders with about 52.5% of the combined company (49.5% fully diluted). Shareholders must approve a charter amendment doubling authorized common shares from 999 million to 1.998 billion and a share issuance representing more than 20% of shares outstanding; the Donald J.
Key figures
- Offering Price
- 5.59
- Shares Offered
- 292793640
- Shares Outstanding
- 278184001
- Outside date
- December 18, 2026
- Termination fee
- $90 million
- Trump trust shares
- 114750000
- Special meeting date
- December 14, 2026
- Tmtg close oct 30 2026
- 5.59
- Authorized common after
- 1998000000
- Authorized common before
- 999000000
- Convertible note funding
- $200 million plus up to $100 million additional
- Expense reimbursement cap
- $30 million
- Trump trust ownership pct
- approximately 41%
- Authorized preferred after
- 2000000
- Tae private capital raised
- more than $1.7 billion
- Authorized preferred before
- 1000000
- Tae ownership post merger pct
- 46.3% (49.5% fully diluted)
- Per share merger consideration
- 4.8327
- Tmtg close before announcement
- 10.47
- Tmtg ownership post merger pct
- 52.5% (49.5% fully diluted)
AI analysis
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