Deals
Trump Media Sets December 14 Vote On TAE Merger, Fixing Ratio At 4.8327 Shares Per TAE Share
The amended filing shows a 2025 pro forma net loss of $945.6 million and a November 30 right to demand cash on $1.0 billion of notes.
Trump Media (DJT) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Deals
The amended filing shows a 2025 pro forma net loss of $945.6 million and a November 30 right to demand cash on $1.0 billion of notes.
Deals
The amended registration puts a 4.82 exchange ratio on the all-stock deal and gives TAE holders about 49.49% of Trump Media on a diluted basis.
Deals
Interim CEO Kevin McGurn says the TAE deal should close by the end of this year or early next, and pitched the stock to shareholders.