Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004837
Chunk: 48

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 48
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| • | TMTG’s intellectual property may be infringed upon, and others have and may continue to accuse TMTG of infringing on their intellectual property, either of which could adversely affect TMTG’s business 
 and result in protracted and expensive litigation.                                                                                                                                                       |

| • | TMTG must comply with licenses related to the use of free, publicly-available software incorporated in Truth Social products; failure to do so could cause the loss of the ability to use such software 
 which could in turn adversely affect TMTG’s revenues and results of operations.                                                                                                                         |

| • | Many of TMTG’s products and services rely on, incorporate, and/or license open source software, which may pose particular risks to TMTG’s proprietary software, products, and services in a manner that 
 could have a negative effect on TMTG’s business.                                                                                                                                                        |

Legal, Regulatory, Compliance, and Governance Risks

| • | TMTG’s reputation, competitive advantage, financial position and relationships with its users could be materially harmed if TMTG is unable to comply with complex and evolving data protection and privacy, 
 security, and breach of notification laws and regulations, and the costs and resources required to achieve compliance may have a materially adverse impact.                                                 |

21

| • | TMTG may face lawsuits or incur liability as a result of content published on the Truth ecosystem. |

| • | In the future, TMTG may be involved in numerous class action lawsuits and lawsuits and disputes that are expensive and time consuming, and, if resolved adversely, could harm TMTG’s business, financial 
 condition or results of operations.                                                                                                                                                                      |

| • | Delaware law and TMTG’s Amended Charter and Bylaws contain certain provisions, including anti-takeover provisions, that limit the ability of stockholders to take certain actions and could delay or 
 discourage takeover attempts that stockholders may consider favorable.                                                                                                                               |

| • | Ongoing litigation over the “conversion ratio” could adversely affect TMTG’s business, financial condition and stock price. |

| • | The Trust holds approximately 52.1% of the outstanding TMTG common stock, which control limits or precludes other stockholders’ ability to influence the outcome of matters submitted to stockholders for                       
 approval, including the election of directors, the approval of certain employee compensation plans, the adoption of amendments to TMTG’s organizational documents and the approval of any merger, consolidation, sale of all or 
 substantially all of