Company: DJTWW
Filing Date: 2025-08-26
Form Type: 425
Source: 0001140361-25-032764
Chunk: 12

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-08-26
Form: 425
Chunk 12
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 required under the Business Combination Agreement; (vii) the SPAC and YA II PN, Ltd., a Cayman Islands exempt limited partnership and an affiliate of the Sponsor (the “ Investor”) shall have executed and delivered the Backstop Agreement (defined below); and (viii) the Conversion will have been completed. The SPAC and Sponsor Conditions to Closing Additionally, under the terms of the Business Combination Agreement, the obligations of the SPAC and the Sponsor to consummate the Transactions are subject to the satisfaction or waiver (where permissible) at or prior to the Closing of, among other customary closing conditions, the following conditions (i) the Seller Fundamental Representations will be true and correct in all material respects, or in all respects, as applicable, on and as of the date of the Business Combination Agreement and on and as of the Closing Date (ii) each of the representations and warranties of the Sellers (other than the Seller Fundamental Representations) will be true and correct on and as of the date of the Business Combination Agreement and on and as of the Closing Date as if made on the Closing Date, except for (a) those representations and warranties that address matters only as of a particular date (which representations and warranties shall have been true and correct as of such date) and (b) any failures to be true and correct that (without giving effect to any qualifications or limitations as to materiality or Material Adverse Effect), individually or in the aggregate, have not had and would not reasonably be expected to have a Material Adverse Effect on, or with respect to, the Sellers or the Asset Companies, (iii) each of the Sellers will have performed in all material respects all of its obligations and complied in all material respects with all of its agreements and covenants under the Business Combination Agreement to be performed or complied with by it on or prior to the Closing Date (iv) no Material Adverse Effect shall have occurred with respect to the Sellers or the Asset Companies since the date of the Business Combination Agreement (v) certain executives of Crypto.com shall have entered into employment agreements in a form mutually satisfactory to SPAC and Crypto.com; (vi) the Sellers will have executed and delivered to the SPAC and the Sponsor each agreement as required under the Business Combination Agreement; and (vii) as of the Closing Date, the Pre-Closing Contributions have been consummated and the Contribution Agreements are in full force and effect in accordance with their terms. Termination The Business Combination Agreement allows the Parties to terminate the agreement if certain conditions