Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004840
Chunk: 47

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 47
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20

| • | False, misleading, and unfavorable media coverage could negatively affect TMTG’s business. |

| • | TMTG’s software is highly technical, and if it contains undetected errors, TMTG’s business could be adversely affected. TMTG’s business and operating results may be harmed by a disruption in TMTG’s 
 service, or by TMTG’s failure to timely and effectively scale and adapt TMTG’s existing technology and infrastructure.                                                                                |

| • | Computer malware, viruses, hacking, and phishing attacks, scamming and spamming could harm TMTG’s business and results of operations. Excessive scamming activity or spam could diminish the user 
 experience on TMTG’s platform, which could damage TMTG’s reputation and deter TMTG’s current and potential users from using TMTG’s products and services.                                         |

| • | If TMTG encounters issues with the rollout and implementation of its streaming content plans, TMTG may delay or decide not to fully implement the service, which may affect TMTG’s growth strategy and 
 operations.                                                                                                                                                                                            |

| • | TMTG carries a large amount of cash, cash equivalents and short-term investments on its balance sheet, which could expose it to additional risks. |

Risks Related to President Donald J. Trump

| • | TMTG’s success depends in part on the popularity of its brand and the reputation and popularity of President Donald J. Trump. The value of TMTG’s brand may diminish if the popularity of President Donald                    
 J. Trump were to suffer, which could adversely affect TMTG’s revenues, results of operations and its ability to maintain or generate a consumer base.  Additionally, the death or incapacity of President Donald J. Trump, or 
 discontinuation or limitation of his use of TMTG’s products, would negatively impact TMTG’s business.                                                                                                                         |

| • | An adverse outcome in one or more of the ongoing legal proceedings in which President Donald J. Trump is involved could negatively impact TMTG and its Truth Social platform. |

| • | The License Agreement does not require President Donald J. Trump to use Truth Social in certain circumstances, including with respect to posts that he determines, in his sole discretion, to be 
 politically-related. TMTG lacks any meaningful remedy with respect to such determination — which could have a material adverse effect on the business and/or operations of TMTG.                 |

Risks Related to Intellectual