---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-046056"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:47:04.151939+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Trump Media & TAE Technologies merge in 50/50 stock deal; Trump Trust backs transaction

## Summary
- TMTG to merge with fusion-energy company TAE; pre-Merger shareholders of each to own ~50% of combined entity on fully diluted basis.
- Termination fee of $90M payable by either party under specified conditions; expense reimbursement up to $30M.
- TMTG to fund TAE with $200M convertible note within 5 business days, with option for up to $100M additional upon S-4 filing.
- Trump Revocable Trust (42% of TMTG shares) and TAE holders (~26%) enter voting agreements to support transaction.
- Post-closing: Devin Nunes and Michl Binderbauer as co-CEOs; board of 9 with designees from both companies.

## SEC filing metadata
- accession: 0001140361-25-046056
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000114036125046056/0001140361-25-046056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000114036125046056/ef20061577_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-046056
- JSON: https://secwatch.observer/filing/0001140361-25-046056.json
- Plain text: https://secwatch.observer/filing/0001140361-25-046056.txt

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