Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004840
Chunk: 115

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 115
---
, financial conditions or results of operations. A decline in the market price of TMTG’s securities also could adversely affect TMTG’s ability to issue additional securities and TMTG’s ability to obtain additional financing in the future. 54 The trading prices of TMTG’s Common Stock and Public Warrants depend on many factors, including those described in this “ Risk Factors” section, many of which are beyond TMTG’s control and may not be related to TMTG’s operating performance. Any of the factors listed below could have a material adverse effect on investment in TMTG’s Common Stock and Public Warrants, and TMTG’s Common Stock and Public Warrants may trade at prices significantly below the price paid for them. In such circumstances, the trading prices of TMTG’s Common Stock and Public Warrants may not recover and may experience a further decline. Factors affecting the trading price of TMTG’s Common Stock and Public Warrants may include:

| • | results of operations that vary from the expectations of securities analysts and investors; |

| • | results of operations that vary from TMTG’s competitors; |

| • | changes in expectations as to TMTG’s future financial performance, including financial estimates and investment recommendations by securities analysts and investors; |

| • | declines in the market prices of stocks generally; |

| • | downward pressure on the price of Common Stock due to short sales, including those that do not comply with applicable laws and regulations; negative press, including false and misleading stories 
 concerted attempts to manipulate the stock via social media strategic actions by TMTG or its competitors;                                                                                          |

| • | announcements by TMTG or its competitors of significant contracts, acquisitions, joint ventures, other strategic relationships or capital commitments; |

| • | announcements of estimates by third parties of actual or anticipated changes in the size of TMTG’s user base or the level of user engagement; |

| • | any significant change in TMTG’s Management Team; |

| • | changes in general economic or market conditions or trends in TMTG’s industry or markets; |

| • | changes in business or regulatory conditions, including new laws or regulations or new interpretations of existing laws or regulations applicable to TMTG’s business; |

| • | additional shares of TMTG securities being sold or issued into the market by TMTG or any of the existing stockholders or the anticipation of such sales; |

| • | sales or purchases of TMTG Common Stock by the