secwatch.observer — SEC 8-K summary
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Issuer:     Trump Media & Technology Group Corp. (DJT)
CIK:        0001849635
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001193125-23-282255
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849635/000119312523282255/0001193125-23-282255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849635/000119312523282255/d535760d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-282255

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