TMTG and TAE file Form S-4 for all-stock merger; extend $200M convertible note to $300M

Trump Media & Technology Group Corp.

Amended convertible note with TAE has $200M initial principal, up to $100M second tranche; max $300M plus PIK interest at 7% per annum.
Second tranche draw period opened with the Sept 30, 2026 S-4 filing and runs to Nov 29, 2026; each drawdown at least $50M.
$10,969,863.01 of accrued interest on the original Dec 18, 2025 note was rolled into the amended note; principal and interest due two years after each tranche funding.
S-4 registration statement covers the all-stock merger where TMTG and TAE stockholders would each own roughly 50% of the combined company on a fully diluted basis.
TMTG holds pre-conversion voting rights equal to 25% of as-converted shares; note auto-converts on a TAE qualified financing of $300M or more.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.