Company: DJTWW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001140361-25-040977
Chunk: 52

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 52
---
,897.7 

            Noncash investing and financing activities

            Shares issued for conversion of convertible notes

            $
          
           - 

            $
          
           350,426.0 

            Operating lease assets obtained in exchange for operating lease obligations

            $
          
           - 

            $
          
           2,703.0 

            Common stock issued for business combination

            $
          
           - 

            $
          
           132,171.0 

            Common stock issued for digital assets

            $
          
           46,894.2 

            $
          
           - 

            Debt and equity offering costs

            $
          
           41,328.4 

            $
          
           10,107.5 

            Digital assets exchanged for other digital assets

            $
          
           17,055.1 

            $
          
           - 

The Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of these statements.

      5

(Amounts in thousands, except share, per share, and quantity data)

NOTE 1 - DESCRIPTION OF BUSINESS

    The accompanying unaudited condensed consolidated financial statements include the historical accounts of TMTG Sub Inc. f/k/a Trump Media & Technology Group Corp. (“Private TMTG” or “Predecessor
      TMTG” or, prior to the closing on March 25, 2024, “TMTG”), which changed its name from Trump Media Group Corp. in October 2021. The mission of TMTG is to end Big Tech’s assault on free speech by opening up the Internet and giving people their voices
      back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a streaming platform focusing on family friendly live TV
      channels and on-demand content.  TMTG is also launching Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles, and a digital asset strategy--including a bitcoin and Cronos treasury--to help ensure the
      Company’s financial freedom and protect against discrimination by financial institutions.

    Merger

    On March 25, 2024, TMTG consummated the transactions contemplated by the Merger Agreement dated October 20, 2021, between Digital World Acquisition Corp. (the “Company,” “Digital World” or “DWAC” or, following the closing on March 25, 2024,