Company: DJTWW
Filing Date: 2025-04-02
Form Type: S-3
Source: 0001140361-25-011700
Chunk: 31

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-04-02
Form: S-3
Chunk 31
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 copy of which is filed as Exhibit 10.32 to our Annual Report on Form 10-K filed with the SEC on February 14, 2025. Advances of Shares Under the SEPA Advances We have the right, but not the obligation, from time to time at our discretion, until the first day of the month following the 36-month period after the date of the SEPA, and up to an aggregate subscription amount of $2,500,000,000, to direct Yorkville to Advance a specified maximum amount of shares as set forth in the SEPA (each, an “Advance”) by delivering an Advance Notice on any trading day (each, an “Advance Notice Date”). Conditions to Each Advance Yorkville’s obligation to accept Advance Notices that are timely delivered by us under the SEPA and to purchase shares in Advances under the SEPA, is subject to the satisfaction, at the applicable Advance Notice Date, of certain conditions, including:

| • | the accuracy in all material respects of the representations and warranties of the Company included in the SEPA; |

| • | TMTG having performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by the SEPA to be performed, satisfied or complied with by the Company; |

| • | TMTG shall have obtained all permits and qualifications required by any applicable state for the offer and issuance of all the shares issuable pursuant to such Advance Notice or shall have the availability of exemptions therefrom. The issuance of such shares shall be legally permitted by all laws and regulations to which TMTG is subject; |

| • | no condition, occurrence, state of facts or event constituting a Material Outside Event (as such term is defined in the SEPA) shall have occurred and be continuing; |

| • | no statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or endorsed by any court or governmental authority of competent jurisdiction that prohibits or directly, materially and adversely affects any of the transactions contemplated by the SEPA; |

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| • | the shares issuable pursuant to the SEPA are quoted for trading on the Nasdaq (or the New York Stock Exchange, NYSE American, the Nasdaq Global Market, or the Nasdaq Capital Market) and all the shares issuable pursuant to such Advance Notice will be approved for trading on the Principal Market. The issuance of shares with respect to the applicable Advance Notice will not violate the