Company: DJTWW
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001140361-25-004822
Chunk: 108

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 108
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 Common Stock;

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                      a limited amount of news and analyst coverage; and

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                      a decreased ability to issue additional securities or obtain additional financing in the future.

            TMTG’s securities may be subject to market manipulation and unlawful trading activity.

            TMTG’s common stock has in the past appeared on Nasdaq’s Regulation SHO threshold list, which can be indicative of unlawful trading activity, and may appear on
              the Regulation SHO threshold list in the future. Market manipulation, including naked short selling of shares, may adversely affect the value and liquidity of TMTG’s securities.

            Risks Related to Our Operations as a New Public Company

            TMTG’s Management Team may not successfully or efficiently manage its transition to being a public company.

              TMTG has been a public company and may from time to incur new obligations relating to its reporting, procedures and
                internal controls, including based on its status as a large accelerated filer as of the date of this Annual Report. These new obligations and attendant scrutiny will require investments of significant time and energy from TMTG’s executives
                and could divert their attention away from the day-to-day management of TMTG’s business, which in turn could adversely affect TMTG’s financial condition or operating results.

            The members of TMTG’s Management Team have extensive experience leading complex organizations. However, they have limited experience
              managing a publicly-traded company, interacting with public company investors, and complying with the increasingly complex laws, rules and regulations that specifically govern public companies. As such, TMTG’s Management Team may not
              successfully or effectively transition to managing a public company subject to significant regulatory oversight and reporting obligations under federal securities laws. Their limited experience in dealing with the increasingly complex laws
              pertaining to public companies could be a disadvantage in that it is likely that an increased amount of their time may be devoted to these activities which will result in less time being devoted to the management and growth of TMTG. Moreover,
              TMTG may not have adequate personnel with the appropriate level of knowledge, experience and training in the accounting policies, practices or internal controls over financial reporting required of public companies in the United States. All
              of these factors may impair TMTG’s ability to prepare and timely comply with its reporting obligations.

            TMTG’s costs may grow more quickly than TMTG’s revenue, harming TMTG’s business and profitability.

            TMTG expects its expenses to continue to