TMTG and TAE target Q4 2026 merger close; drop spin-off plan for Truth Social

Trump Media & Technology Group Corp.

Merger targeted to close in Q4 2026 or sooner; both parties remain focused on completing deal.
Spin-off of TMTG media assets (including Truth Social) into Texas Ventures III (Nasdaq: TVA) no longer being pursued.
Post-merger, combined company board will evaluate strategic alternatives for legacy media assets.
TMTG and TAE previously announced merger in February 2026; no further terms disclosed.

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