---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-282255"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:21:51.077734+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# DWAC issues $500K promissory note for legal costs related to TMTG business combination

## Summary
- Promissory note of $500,000 issued to an accredited investor for legal costs related to the pending business combination with Trump Media & Technology Group.
- Note bears no interest and is payable in full upon consummation of the business combination.
- Principal may convert into units (one Class A share + half warrant) at $10 per unit, subject to stockholder and institutional investor approvals.
- Conversion units are identical to those issued to ARC Global Investments II LLC in the IPO private placement.

## SEC filing metadata
- accession: 0001193125-23-282255
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000119312523282255/0001193125-23-282255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000119312523282255/d535760d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-282255
- JSON: https://secwatch.observer/filing/0001193125-23-282255.json
- Plain text: https://secwatch.observer/filing/0001193125-23-282255.txt

## Key facts
- Debt Financings
  Trump Media & Technology Group Corp. incurred loan of $500,000.00 with certain accredited investor at no interest maturing payable in full upon consummation of the Business Combination.
  - Instrument: loan
  - Principal: $500,000.00
  - Counterparty: certain accredited investor
  - Rate: no interest
  - Maturity: payable in full upon consummation of the Business Combination
  - Event: incurrence
  source text: On November 20, 2022, Digital World Acquisition Corp., a Delaware corporation (the “ Company ”) issued a promissory note (the “ Note ”) to a certain accredited investor (the “ Holder ”) in the aggregate principal amount of $500,000.00.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849635/000119312523282255/0001193125-23-282255-index.htm

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