Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004840
Chunk: 169

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 169
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 amount.                                                                                                                                                                                                          |
| How We Addressed the Matter in Our Audit |     | The Company engaged a valuation specialist to determine the fair value of the TMTG Earnout Shares. This specialist utilized a Monte Carlo simulation analysis to determine the fair value of                                 
 the Earnout Shares at the date of the merger. Auditing the reasonableness of the Monte Carlo simulation analysis involved complex mathematical models and valuation assumptions. The primary procedure to address this audit 
 matter included retention of an additional independent valuation specialist to reperform the Monte Carlo analysis and comment on the appropriateness of the underlying assumptions. Further, we reviewed the reports of the  
 valuation experts, the methodology used for the respective valuation reports and the significant assumptions used therein. We reviewed the reports under the guidance contained in the applicable PCAOB Auditing Standards   
 and concluded that the valuations arrived at in the reports were prepared in accordance with the standards applicable to their profession, used reasonable assumptions, in light of the facts and circumstances and were not 
 materially different.                                                                                                                                                                                                        |

/s/ Semple, Marchal & Cooper, LLP Certified Public Accountants We have served as the Company’s auditor since 2024. Phoenix, Arizona February 14, 2025

F-2 TRUMP MEDIA & TECHNOLOGY GROUP CORP. CONSOLIDATED FINANCIAL STATEMENTS Balance Sheets as of December 31, 2024 and December 31, 2023 and Statements of Operations, Stockholders’ (Deficit)/Equity and Cash Flows for the years ending December 31, 2024, December 31, 2023 and December 31, 2022 F-3

TRUMP MEDIA & TECHNOLOGY GROUP CORP. Consolidated Balance Sheets

|                                                                                                                                                              | (in thousands except share and per share data) |   | December 31, 2024 |   |     |   | December 31, 2023 |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------|:-----------------------------------------------|:--|------------------:|:--|:----|:--|------------------:|:--|
| Assets                                                                                                                                                       |                                                |   |                   |   |     |   |                   |   |
| Current Assets:                                                                                                                                              |                                                |   |                   |   |     |   |                   |   |
| Cash and cash equivalents                                                                                                                                    |                                                | $ |         170,236.1 |   |     | $ |           2,572.7 |   |
| Short-term investments