secwatch.observer — SEC 8-K summary
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Issuer:     Trump Media & Technology Group Corp. (DJT)
CIK:        0001849635
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001193125-23-207492
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.01, 4.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DWAC amends TMTG merger: new high-vote stock, outside date Dec 31, 2023
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- Second Amendment creates High Vote Common Stock giving TMTG's principal 55% voting power post-merger.
- Outside Date extended to December 31, 2023; mutual due diligence and termination rights added.
- DWAC engaged Adeptus Partners as new independent auditor; Nasdaq granted exception until Nov 20, 2023 to file delinquent reports.
- PIPE investment may be reduced or terminated; DWAC to file amended S-4 by Oct 9, 2023.
- Earnout share price targets set at $12.50, $15.00, $17.50; redemption price set at $10.00.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849635/000119312523207492/0001193125-23-207492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849635/000119312523207492/d508117d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-207492

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