---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-016719"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:56:18.563312+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Trump Media & Technology Group closes merger with Digital World; Trump holds 57.3% stake

## Summary
- President Donald J. Trump owns ~57.3% of 136.7M outstanding shares post-merger.
- Public holders redeemed only 4,939 shares at ~$10.92; minimal dilution.
- Final $40M convertible note drawdown issued to accredited investors, held in control account.
- Dispute over Class B conversion ratio (1.348:1 vs 2.00:1) places 4,667,033 shares in escrow.

## SEC filing metadata
- accession: 0001140361-24-016719
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 5.05, 3.02, 9.01, 4.01, 3.03, 5.01, 5.03, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/0001140361-24-016719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/ef20025342_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-016719
- JSON: https://secwatch.observer/filing/0001140361-24-016719.json
- Plain text: https://secwatch.observer/filing/0001140361-24-016719.txt

## Key facts
- Governance Changes
  Trump Media & Technology Group Corp.: Upon the Closing, the Company ceased to be a shell company.
  - Change: shell status
  source text: Upon the Closing, the Company ceased to be a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/0001140361-24-016719-index.htm
- Governance Changes
  Trump Media & Technology Group Corp.: Filed Amended Charter with Delaware Secretary of State replacing Digital World's charter effective March 25, 2024 (effective 2024-03-25).
  - Change: charter amendment
  - Effective: 2024-03-25
  source text: on March 25, 2024, Public TMTG filed the Amended Charter with the Delaware Secretary of State, and also adopted the amended and restated bylaws
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/0001140361-24-016719-index.htm
- Governance Changes
  Trump Media & Technology Group Corp.: Adopted a Code of Ethics and Business Conduct applicable to all employees, officers, and directors effective upon the Closing Date.
  - Change: code of ethics
  source text: Effective upon the Closing Date, Public TMTG’s board of directors adopted a Code of Ethics and Business Conduct that applies to all of its employees, officers and directors, including those officers responsible for financial reporting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/0001140361-24-016719-index.htm
- Governance Changes
  Trump Media & Technology Group Corp.: Adopted amended and restated bylaws replacing Digital World's prior bylaws effective March 25, 2024 (effective 2024-03-25).
  - Change: bylaw amendment
  - Effective: 2024-03-25
  source text: on March 25, 2024, Public TMTG filed the Amended Charter with the Delaware Secretary of State, and also adopted the amended and restated bylaws (the “ Amended and Restated Bylaws ”), which replaced Digital World’s Charter and Bylaws in effect as of such time, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000114036124016719/0001140361-24-016719-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.