SARASOTA, Fla., and HOUSTON — Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, and TAE Technologies, Inc. , a fusion energy and power solutions company, announced that TMTG's registration statement on Form S-4 related to the previously announced merger has been declared effective by the U.S. Securities and Exchange Commission on Nov. 5. As a result, TMTG has filed a definitive proxy statement/prospectus and consent solicitation statement with the SEC.
The registration statement registers the shares of TMTG common stock to be issued to TAE stockholders in connection with the all-stock business combination under the Agreement and Plan of Merger dated Dec. 18, 2025. When the transaction closes, TMTG shareholders and TAE stockholders are each expected to own about 50% of the combined company on a fully diluted basis.
TMTG will hold a special meeting of stockholders on Dec. 14 at 9:15 a.m. ET to vote on the proposals related to the merger. Stockholders of record at the close of business on Nov. 2, 2026, are entitled to notice of and to vote at the special meeting and any adjournment or postponement thereof. TMTG expects to begin mailing the Proxy Statement/Prospectus to stockholders on or about Nov. 6. TAE will seek approval from its stockholders by written consent. The transaction is expected to close by the end of the year, subject to the required TMTG shareholder and TAE stockholder approvals and satisfaction or waiver of the other applicable closing conditions.
“We’ve worked tirelessly with our colleagues at TAE to reach this milestone,” said Kevin McGurn, interim chief executive officer of Trump Media & Technology Group. “With the Registration Statement on Form S-4 now effective, we’re looking forward to bringing this merger to a shareholder vote and expect to close by the end of the year.”
Michl Binderbauer, chief executive officer and chief technology officer of TAE, said “For nearly three decades, our pursuit of fusion has produced advances in science and engineering that we are now bringing to market. This merger supports the next phase of that work, as we advance commercial fusion and apply the technologies developed along the way across power management and cancer therapy.”
TMTG stockholders are urged to read the Proxy Statement/Prospectus in full, including the risk factors. It is available free of charge on the SEC's website at www.sec.gov and on TMTG's investor relations website at ir.tmtgcorp.com.
About Trump Media & Technology Group:
The mission of Trump Media is to end Big Tech's assault on free speech by opening up the internet and giving people their voices back. Trump Media operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations; Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content; and Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.
About TAE Technologies:
Founded in 1998, TAE Technologies develops fusion energy and related technologies across three business units: Fusion; Power Solutions, including TAE PowerFabric for AI compute power management; and Life Sciences, which advances boron neutron capture therapy for cancer treatment.
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