secwatch / observer
8-K filed June 7, 2023, 7:59 PM ET ticker DJT CIK 0001849635
other material confidence high sentiment neutral materiality 0.75

Trump Media & Technology Group Corp. (DJT): debt financing — DWAC extends business combination deadline to Sep 8, 2023; issues $12M in promissory notes to related party

Trump Media & Technology Group Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Trump Media & Technology Group Corp. incurred convertible notes of aggregate principal amount of $10,000,000 with Renatus Advisors LLC at bears no interest maturing repayable in full upon the earlier of (i) the date on which the Company consummates its Business Combination and (ii) the date that the winding up of the Compan.

Instrument
convertible notes
Principal
aggregate principal amount of $10,000,000
Counterparty
Renatus Advisors LLC
Rate
bears no interest
Maturity
repayable in full upon the earlier of (i) the date on which the Company consummates its Business Combination and (ii) the date that the winding up of the Compan
Event
incurrence
Exact text from the filing
On June 2, 2023, Digital World Acquisition Corp., a Delaware corporation (the “Company”), issued a promissory note in the aggregate principal amount of $2,000,000 (the “$2 Million Note”) to Renatus Advisors LLC (the “Renatus”), of which Eric Swider, Interim Chief Executive Officer and Director of the Company, is a founder and partner and another promissory note in the aggregate principal amount of $10,000,000 (the “$10 Million Note,” together with the $2 Million Note, the “Notes”) to Renatus.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Trump Media & Technology Group Corp. incurred convertible notes of aggregate principal amount of $2,000,000 with Renatus Advisors LLC at bears no interest maturing repayable in full upon the earlier of (i) the date on which the Company consummates its Business Combination and (ii) the date that the winding up of the Compan.

Instrument
convertible notes
Principal
aggregate principal amount of $2,000,000
Counterparty
Renatus Advisors LLC
Rate
bears no interest
Maturity
repayable in full upon the earlier of (i) the date on which the Company consummates its Business Combination and (ii) the date that the winding up of the Compan
Event
incurrence
Exact text from the filing
On June 2, 2023, Digital World Acquisition Corp., a Delaware corporation (the “Company”), issued a promissory note in the aggregate principal amount of $2,000,000 (the “$2 Million Note”) to Renatus Advisors LLC (the “Renatus”), of which Eric Swider, Interim Chief Executive Officer and Director of the Company, is a founder and partner and another promissory note in the aggregate principal amount of $10,000,000 (the “$10 Million Note,” together with the $2 Million Note, the “Notes”) to Renatus.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Trump Media & Technology Group Corp. entered into Notes with Renatus Advisors LLC valued at aggregate principal amount of $2,000,000 and $10,000,000 (effective 2023-06-02).

Action
entry
Agreement
notes offering
Counterparty
Renatus Advisors LLC
Value
aggregate principal amount of $2,000,000 and $10,000,000
Effective
2023-06-02
Exact text from the filing
On June 2, 2023, Digital World Acquisition Corp., a Delaware corporation (the “Company”), issued a promissory note in the aggregate principal amount of $2,000,000 (the “$2 Million Note”) to Renatus Advisors LLC (the “Renatus”), of which Eric Swider, Interim Chief Executive Officer and Director of the Company, is a founder and partner and another promissory note in the aggregate principal amount of $10,000,000 (the “$10 Million Note,” together with the $2 Million Note, the “Notes”) to Renatus.
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

Trump Media & Technology Group Corp. filing history →

Source: SEC EDGAR
accession 0001193125-23-162573
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