Layout shell — figures are placeholder, not publishable

DJT

$8.27 -0.36%

Trump Media & Technology Group Corp.

Sector: Technology Industry: Internet Content & Information Country: U.S Exchange: NASDAQ

Mkt Cap & EV

2.31B / 663.1M

Float & OS

161.09M / 277.94M

Est. Net Cash/Sh

5.91

Inst Own

20.5%

Trump Media & Technology Group (TMTG) is a social media and technology company. TruthSocial, TMTG's upcoming social media platform, will provide an outlet that encourages open global conversation without discrimination against political ideology. TMTG+, the company's subscription-based video streaming service, is expected to include access to non-woke entertainment, news, documentaries, podcasts and more.

Overall Risk

Medium

Offering Ability

High

Overhead Supply

Medium

Historical

High

Cash Need

Low

Major developments

2024-11-05 17,330,365 shares issued @ $19.59 for $339m proceeds under YA II equity line as of September 30, 2024.

2024-02-16 - The Special Meeting will be held on March 22, 2024, and the record date for the Special Meeting is February 14, 2024. - Stockholders are entitled to request that the Company redeem all or a portion of their shares for cash in connection with the Special Meeting until March 20, 2024.

2024-02-09 New financing of $50m convertible notes @ $8 conversion price with 3.5m warrants @ $11.5 exercise price, issuable post merger closing.

2023-12-15 PIPE likely fully cancelled

2021-12-21 $1b converts issued w/ 40% discount to 10 day VWAP, floor $10. Issuable post merger closing.

2021-10-21 Merging with Trump Media, pre-merger SPAC so max downside is $10.

Historical O/S & potential dilution

1y: +25.9% 5y: N/A

03/31/2016 peak 280.00M Current O/S

Cash position

The company has 724.6 months of cash left based on quarterly cash burn of -$6.84M and estimated current cash of $1652.1M.

Dilution structure

Convertible Note 2

May 2025 Convertible Note Registered EDGAR ↗

Conversion Price 34.72

Convertible Date 2025-05-27

Issue Date 2025-05-27

Known Owners N/A

Last Update Date 2025-11-07

Maturity Date 2028-05-29

Price Protection Customary Anti-Dilution

Remaining Principal Amount 1,000,000,000

Remaining Shares to be Issued When Converted 28,801,843

Total Principal Amount 1,000,000,000

Total Shares Issued When Converted 28,801,843

Underwriter/Placement Agent N/A

March 2024 Convertible Note Registered EDGAR ↗

Conversion Price 8

Convertible Date 2024-03-26

Issue Date 2024-03-26

Known Owners Washington Muse, Anson, Mangrove

Last Update Date 2024-07-15

Maturity Date 2025-03-26

Price Protection Customary Anti-Dilution

Remaining Principal Amount 0

Remaining Shares to be Issued When Converted 0

Total Principal Amount 50,000,000

Total Shares Issued When Converted 6,250,000

Underwriter/Placement Agent N/A

Equity Line 1

June 2024 YA II SPA Registered EDGAR ↗

Agreement End Date 2027-07-03

Agreement Start Date 2024-07-03

Last Update Date 2025-11-07

Remaining Equity Line Capacity 2,160,536,900

Total Equity Line Capacity 2,500,000,000

Shelf 1

June 2025 Shelf Registered EDGAR ↗

Baby Shelf Restriction No

Current Raisable Amount 12,000,000,000

Effect Date 2025-06-13

Expiration Date 2028-06-13

Float 161,089,565

Highest 60 Day Close 10.38

IB6 Float Value 1,672,109,685

Last Banker N/A

Last Update Date 2026-08-14

Outstanding Shares 277,941,274

Total Amount Raised 0

Total Amt. Raised Last 12 Mo. under IB6 N/A

Total Shelf Capacity 12,000,000,000

Warrant 2

SPAC Warrants Registered EDGAR ↗

Exercisable Date 2024-04-24

Exercise Price 11.5

Expiration Date 2029-03-26

Issue Date 2024-03-26

Known Owners N/A

Last Update Date 2025-11-07

Price Protection Customary Anti-Dilution

Remaining Warrants Outstanding 11,019,766

Total Warrants Issued 25,000,000

Underwriter/Placement agent N/A

March 2024 Convertible Note Warrants Registered EDGAR ↗

Exercisable Date 2024-04-24

Exercise Price 11.5

Expiration Date 2029-03-26

Issue Date 2024-03-26

Known Owners N/A

Last Update Date 2024-07-15

Price Protection Customary Anti-Dilution

Remaining Warrants Outstanding 0

Total Warrants Issued 3,050,000

Underwriter/Placement agent N/A

Completed offerings

Date	Type	Method	Bank	Amount	Price	Shares
2025-5-27 0:00	Private Placement	N/A	Yorkville Securities, Clear Street, BTIG, Cohen & Company	1.50B	$25.72	58.32M
2025-5-27 0:00	Private Placement, Convertible Note	N/A	Yorkville Securities, Clear Street, BTIG, Cohen & Company	1.00B	$34.72	28.80M
2024-9-30 0:00	Used ATM/Equity Line	S-1	YA II	339.46M	$19.59	17.33M
2024-9-30 0:00	Warrant Exercise	N/A	N/A	20.22M	$11.5	1.76M
2024-8-9 0:00	Acquisition	N/A	N/A	N/A	N/A	2.60M
2024-7-2 0:00	Warrant Exercise	N/A	N/A	35.60M	$11.5	3.10M
2024-6-21 17:20	Warrant Exercise	N/A	N/A	69.40M	$11.5	6.03M
2024-2-8 0:00	Private Placement, Convertible Note	N/A	N/A	50.00M	$8	6.25M

Split history

No splits on record.

Registered classes

DJT Active

Common stock, par value $0.0001 per share

DWAC Gone

Class A common stock, par value $0.0001 per share

DWACU Gone

Units, each consisting of one share of Class A Common Stock, and one-half of one Redeemable Warrant

DJTW Gone

Texas Warrants, each exercisable for one share of Common Stock for $11.50 per share

DJTWW Active

Texas Redeemable Warrants, each whole warrant exercisable for one share common stock at an exercise price of $11.50

Exercise price $11.50

DWACW Gone

Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50

Exercise price $11.50

Anything unsourced reads N/A. Not a recommendation — see the disclaimer, and how dilution works.

Track the count, not the chart.

Share-count histories, the offerings behind each step and the split record — as each company clears verification against its filings.

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