---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-256989"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2023-10-16T23:59:59+00:00"
generated_at: "2026-06-09T23:32:11.623153+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DWAC restates 2021 financials after audit committee finds expense accounting errors; material weakness cited

## Summary
- Audit committee on Oct 13, 2023 concluded 2021 audited financials (filed Apr 13, 2022) are no longer reliable.
- Errors relate to accounting of certain expenses previously flagged in May 2023 8-K.
- Material weakness in internal control over financial reporting and ineffective disclosure controls.
- Company plans to amend 2021 10-K and restate 2021 audited financials in the 2022 10-K.
- No impact expected on cash position or cash held in the trust account.

## SEC filing metadata
- accession: 0001193125-23-256989
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2023-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000119312523256989/0001193125-23-256989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000119312523256989/d473914d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-256989
- JSON: https://secwatch.observer/filing/0001193125-23-256989.json
- Plain text: https://secwatch.observer/filing/0001193125-23-256989.txt

## Key facts
- Auditor Changes
  Trump Media & Technology Group Corp. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On October 13, 2023, Digital World Acquisition Corp.’s (the “ Company ”) audit committee concluded that the Company’s audited financial statements as of and for the year ended December 31, 2021 (the “ 2021 Audited Financials ”) included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and filed with the Securities and Exchange Commission (“ SEC ”) on April 13, 2022 (the “ 2021 10-K ”) should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000119312523256989/0001193125-23-256989-index.htm

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