Trump Media & Technology Group Corp. filed a Form S-4 registration statement with the SEC on September 30, 2026, advancing its previously announced all-stock merger with TAE Technologies, Inc. The transaction will result in a combined company where shareholders of both entities own approximately 50% each on a fully diluted basis. Concurrently, TMTG and TAE executed an Amended and Restated Unsecured Convertible Promissory Note with an initial principal amount of $200 million, representing the first tranche of funding for the merger. The note allows for an additional $100 million drawdown during a period ending November 29, 2026 or upon termination of the merger agreement. Interest accrues at 7% per annum as payment-in-kind and converts automatically upon TAE's qualified financing exceeding $300 million or other specified events. Trump Media & Technology Group Corp. operates in the media and technology sector, primarily known for its social media platform Truth Social.
