Company: DJTWW
Filing Date: 2025-08-26
Form Type: 425
Source: 0001140361-25-032764
Chunk: 7

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-08-26
Form: 425
Chunk 7
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, on the first day on or after August 25, 2025, on which the Trading Price of the Shares of the SPAC is at or above $20.00 (as adjusted for stock splits, stock dividends, combinations, reclassifications and similar events) (the “ Trigger” and, such date, the “ Trigger Date”), subscribe for and purchase from the SPAC, 10,000.000 (or, in the case of the Sponsor, 2,000,000) shares of SPAC Class A Common Stock (as subject to adjustment, the “ Forced Exercise Warrant Shares”); provided that, should the Trigger occur prior to the date of such Forced Exercise Warrant, the holder will purchase the Forced Exercise Warrant Shares on the date of the Forced Exercise Warrant in connection with the Closing (the date of forced exercise, the “ Exercise Date”). The Forced Exercised Warrant will terminate and become void, and all rights thereunder will cease, at 5:00 p.m., New York City time, on the third anniversary of the Closing Date. The purchase price of one share of SPAC Class A Common Stock under the Forced Exercised Warrant is equal to $10.00, subject to adjustment under the terms of the Forced Exercise Warrant. The foregoing description of the Forced Exercise Warrants and the Transactions contemplated thereby is not complete and is subject to, and qualified in its entirety by reference to, the Form of Forced Exercise Warrant, a copy of which is filed with this Current Report as Exhibit 4.2, and the terms of which are incorporated into this Current Report by reference. The Closing The Closing will occur as promptly as practicable, but in no event later than five Business Days, after the satisfaction or, if permissible, waiver of the conditions set forth in the Business Combination Agreement. Effective at the Closing, the board of directors of the SPAC (the “ Board”) will consist of seven directors consisting of (i) three directors who are designated prior to the Closing by Crypto.com and are reasonably acceptable to the SPAC, of which a sufficient number (when combined with the directors in clause (ii) and (iii)) will be required to qualify as an independent director under Nasdaq rules, (ii) three directors that each qualify as independent directors under Nasdaq rules, and (iii) one director designated prior to Closing by TMTG who is reasonably acceptable to Crypto.com. Prior to Closing, Crypto.com has the exclusive right to designate and appoint the