Company: DJTWW
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001140361-25-009143
Chunk: 57

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 57
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 forth the voting rights of the shares of stock, but a corporation may not deprive stockholders of the right to vote on a proposed sale of the corporation. 
 The Delaware Charter has no provision restricting the stockholders’ voting rights regarding the merger or sale of the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     |                                                  7. |     | Vote Required to Approve Merger or Sale of Company. The FBCA provides that a merger, consolidation or sale of all or substantially all of the assets of a corporation requires (a) approval by the board and (b) the affirmative vote of a majority of the outstanding stock of the corporation entitled to vote. The FBCA allows the board of directors or the articles of incorporation to establish a higher vote requirement.                                                                                                                                                                                                                                                                                                                                                                                                                                                
 The Florida Charter, in the same manner as the Delaware Charter, has no provision restricting the shareholders’ voting rights regarding the merger or sale of the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 8.                                                 |     | Control-Share Acquisition Statute. There is no control-share acquisition statute under the DGCL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |     |                                                  8. |     | Control-Share Acquisition Statute.The FBCA contains a control-share acquisition statute which provides that a person who acquires shares in an issuing public corporation in excess of certain specified thresholds will generally not have any voting rights with respect to such shares unless such voting rights are approved by a majority of the shares entitled to vote, excluding interested shares. Control shares are shares which, except for the FBCA provision, would have voting power that, when added to all other shares owned by a person or in respect to which such person may exercise or direct the exercise of voting power, would entitle such person, immediately after acquisition of such shares, directly or indirectly, to exercise or direct the exercise of voting power in the election of directors within the thresholds specified in the FBCA. 
 This statute does not apply if, among other things, the acquisition is: (i) approved by the corporation’s board of directors before it occurs or (ii) pursuant to a statutory merger or share exchange to which the corporation is a party. A corporation may opt-out of the statute by stating in its articles of incorporation that it elects not to be governed by the applicable statute.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 The Florida Charter contains a provision stating that the corporation elects not to be governed by the control-share acquisition statute.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

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