Company: DJTWW
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001140361-25-004822
Chunk: 104

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 104
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545 Public Warrants remained outstanding as of that date. To the extent such outstanding Public Warrants are exercised in the future, additional shares of TMTG common stock will be issued, which will result in
                dilution to the then existing holders of TMTG common stock and increase the number of shares eligible for resale in the public market. Sales of substantial numbers of such shares in the public market could adversely affect the market price
                of TMTG common stock and may result in volatility in the trading price of TMTG’s securities.

            Future sales, or the perception of future sales, by TMTG or its stockholders in the public market could cause the
              market price for TMTG’s common stock to decline.

              TMTG cannot predict the effect, if any, that market sales of shares of TMTG common stock or the availability of shares of TMTG common
                stock for sale will have on the market price of the TMTG common stock prevailing from time to time. The sale of shares of TMTG common stock in the public market, or the perception that such sales could occur, could harm the prevailing
                market price of shares of TMTG common stock. These sales, or the possibility that these sales may occur, also might make it more difficult for TMTG to sell equity securities in the future at a time and at a price that it deems appropriate.

              In addition, the shares of TMTG common stock reserved for future issuance under the 2024 Equity Incentive Plan will
                become eligible for sale in the public market once those shares are issued, subject to any applicable vesting requirements, lockup agreements and other restrictions imposed by law. A total number of shares representing 7.5% of the fully
                diluted, and as converted, outstanding shares of TMTG common stock immediately following the closing of the Business Combination have been reserved for future issuance under the Equity Incentive Plan.

            Moreover, TMTG has an effective registration statement for the resale of a substantial number of shares of TMTG common stock that
              significantly exceeds the number of shares of common stock constituting our public float. Accordingly, the filing of additional registration statements or the perception that further registration statements covering new shares or that sales
              of such shares could occur, could depress the market price of TMTG’s common stock.

                In the future, TMTG may issue securities if it needs to raise capital in connection with a capital