Company: DJT
Filing Date: 2025-12-18
Form Type: 425
Source: 0001140361-25-046061
Chunk: 2

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-12-18
Form: 425
Chunk 2
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 also have an advisory board featuring specialists with diverse backgrounds and wide-ranging expertise.

We will have a shareholder vote as well as a series of public filings, including an S-4 filing. We remain committed to maintaining transparency throughout this process.

At close, we will be America’s first publicly listed nuclear fusion company, working to build and make operational, at commercial scale, a utility-scale nuclear fusion power plant. After closing, we plan to quickly
        seek approvals to site and build the company’s first utility-scale power plant. We expect siting to commence by year-end 2026, setting us on the path to build future plants expected to be 350–500 Megawatts.

With that, I’m pleased to turn the call over to Dr. Michl Binderbauer.

2

#### Dr. Michl Binderbauer, CEO of TAE Technologies
Thank you and welcome everyone.

Today is a big milestone for TAE, fully recognizing the dedication and passion of our people that worked tirelessly over the last quarter-century to advance our research to the point that

#### capital
became our biggest challenge. As part of this transaction, TMTG will invest up to $200 million into TAE and another $100 million upon filing a Form S-4 with the SEC. This will allow us to accelerate near-term
        objectives and, upon closing, their fortress balance sheet will propel us toward first power in 2031.

A bit on the science…. TAE has been rewarded for pursuing a differentiated approach from much of the fusion industry, combining plasma physics and accelerator physics. As Devin mentioned, fusion power is the answer, providing reliable, cost-effective, carbon-free electricity... and importantly, cost-competitive with conventional energy production.

The breakthrough on our fifth-generation reactor validated our design, allowing us to move forward faster with less complexity and lower cost. In short, that means we are ready to move to utility-scale fusion power.
        We plan to site our first plant next year, subject to required approvals. The following generation of power plants are expected to be 350 – 500 MWs. We plan to move fast, and bring abundant, safe, clean, hydrogen-boron power to the grid.

TAE is NOT an unknown success story, and we would not be here today without the enormous support from our partners and investors over the years. We have raised more than $1.3
        billion in private capital from a host of smart companies that recognized the value of our research, including Google, Chevron, Sum