Company: DJTWW
Filing Date: 2025-08-26
Form Type: 425
Source: 0001140361-25-032764
Chunk: 6

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-08-26
Form: 425
Chunk 6
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 of the Closing Date on which the trading price of the SPAC Class A Common Stock closes at or above $40.00 per share on any trading day. Earnout Warrants Pursuant to the terms of the Earnout Warrants, TMTG is entitled, upon the terms and subject to the limitations on exercise and the conditions set forth in the Earnout Warrants, at any time on or after the first date on which the Trading Price of Common Stock is at or above Triggering Event I for the first Earnout Warrant, Triggering Event II for the second Earnout Warrant, and Triggering Event III for the third Earnout Warrant (as adjusted for stock splits, stock dividends, combinations, reclassifications and similar events) (the “ Trigger” and such date, the “ Trigger Date”), to subscribe for and purchase from the SPAC, up to a number of shares equal to 7% of the SPAC’s outstanding capital stock at the time of the Closing, rounded to the nearest whole number (as subject to adjustment under the Earnout Warrants, the “ Warrant Shares”) of SPAC Class A Common Stock. Should the Trigger occur, the Earnout Warrants must be exercised within thirty (30) days of the SPAC’s notification to the TMTG that such Trigger has occurred (the “ Trigger Expiration Date”). The Earnout Warrants will cease to be exercisable and will terminate and become void at 5:00 p.m., New York City time, on the earlier of (a) the Trigger Expiration Date, and (b) the fifth anniversary of the execution date of such Earnout Warrant (such earlier date, the “ Expiration Date”). The purchase price of one share of SPAC Class A Common Stock under the Warrant is equal to $0.001 per share, subject to adjustment under the terms of the Earnout Warrant. The foregoing description of the Earnout Warrants and the Transactions contemplated thereby is not complete and is subject to, and qualified in its entirety by reference to, the Form of Earnout Warrant, a copy of which is filed with this Current Report as Exhibit 4.1, and the terms of which are incorporated into this Current Report by reference. Forced Exercise Warrants Pursuant to the terms of the Series A Forced Exercise Warrants (the “ Forced Exercise Warrants”) for value received, a holder will, upon the terms and subject to the limitations on exercise and the conditions set forth in the Forced Exercise Warrant