Company: DJTWW
Filing Date: 2025-06-05
Form Type: S-3
Source: 0001140361-25-021579
Chunk: 54

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-06-05
Form: S-3
Chunk 54
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”) have terms and provisions that are identical to those of the Public Warrants, including as to exercise price, exercisability and exercise period, except as described above and have substantially the same terms as the Public Warrants issued by the Company in connection with its Initial Public Offering, except that such Alternative Warrants may only be transferred to the applicable holder’s affiliates.

#### 0.00% Convertible Senior Secured Notes due 2028
On May 29, 2025, TMTG completed the PIPE Financing, issuing 55,857,181 shares of Common Stock at a price per share of $25.72, and completed the Debt Financing, issuing $1.0 billion principal amount of 0.00% convertible senior secured notes due 2028 (the “Convertible Notes”) at an original issue discount of 4.0% for gross proceeds of $960.0 million.

The terms of the Convertible Notes are governed by an indenture, dated May 29, 2025, by and among the Company, the Guarantors party thereto from time to time, and U.S. Bank Trust Company, National Association, as trustee and Collateral agent (the “Indenture”) with respect to the Convertible Notes.

The Convertible Notes mature on May 29, 2028, unless earlier repurchased or converted. Each Convertible Note holder (a “Holder”) has the right, at its option, to require the Company to repurchase its Convertible Notes for cash on November 30, 2026, subject to the terms and conditions in the Indenture.

The Convertible Notes will not bear regular interest, and the principal amount of the Convertible Notes will not accrete; provided, however, Special Interest (as defined in the Indenture) and Additional Interest (as defined in the Indenture), if any, will accrue on the Convertible Notes to the extent, and only to the extent, (A) the Company has not satisfied reporting conditions set forth in Securities Act Rule 144(c) or (i)(2) or (B) such Convertible Note is not otherwise Freely Tradeable (as defined in the Indenture). Additional Interest on the Convertible Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Within 45 days of closing, the Company will be required to have a Loan-to-Collateral Ratio of less than or equal to 1.0 to 1