---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-226356"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:29:26.210068+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# DWAC moves trust proceeds to interest-bearing deposit account earning 4.50% per annum

## Summary
- Amended Trust Agreement on Aug 25, 2023 to allow trust proceeds in interest-bearing deposit accounts.
- Instructed Continental to liquidate trust investments and move cash to such account.
- Interest earned on trust cash is approximately 4.50% per annum as of filing date.
- Previously funds were held in U.S. government securities or money market funds per Trust Agreement.
- Change may enhance trust value pending completion of business combination with Trump Media.

## SEC filing metadata
- accession: 0001193125-23-226356
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000119312523226356/0001193125-23-226356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000119312523226356/d449699d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-226356
- JSON: https://secwatch.observer/filing/0001193125-23-226356.json
- Plain text: https://secwatch.observer/filing/0001193125-23-226356.txt

## Key facts
- Material Agreements
  Trump Media & Technology Group Corp. amended Amendment No. 1 to the Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-08-25).
  - Action: amendment
  - Counterparty: Continental Stock Transfer & Trust Company
  - Effective: 2023-08-25
  source text: (“DWAC”), DWAC entered in an Investment Management Trust Agreement, dated September 2, 2021 (the “Trust Agreement”) with Continental Stock Transfer & Trust Company (“Continental”). On August 25, 2023, DWAC and Continental entered into Amendment No.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000119312523226356/0001193125-23-226356-index.htm

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