TMTG Files 8-K on Warrant Exercisability
Ticker: DJTWW · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1849635
| Field | Detail |
|---|---|
| Company | Trump Media & Technology Group CORP. (DJTWW) |
| Form Type | 8-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: warrants, disclosure, corporate-actions
Related Tickers: DWAC
TL;DR
TMTG warrants exercisable for 1 share at $11.50 each.
AI Summary
On June 16, 2024, Trump Media & Technology Group Corp. filed an 8-K report. The filing includes information related to warrants, specifically mentioning that each whole warrant is exercisable for one share of common stock at an exercise price of $11.50. The company, formerly known as Digital World Acquisition Corp., is incorporated in Delaware and headquartered in Sarasota, Florida.
Why It Matters
This filing clarifies the terms under which existing warrants for Trump Media & Technology Group Corp. can be exercised, impacting potential share dilution and investor decisions.
Risk Assessment
Risk Level: medium — The filing details warrant exercisability, which can lead to share dilution and affect stock price volatility.
Key Numbers
- $11.50 — Warrant Exercise Price (Price per share for warrant holders)
Key Players & Entities
- Trump Media & Technology Group Corp. (company) — Registrant
- Digital World Acquisition Corp. (company) — Former company name
- June 16, 2024 (date) — Date of earliest event reported
- $11.50 (dollar_amount) — Exercise price for warrants
FAQ
What is the exercise price for the TMTG warrants?
The exercise price for each whole warrant is $11.50.
What is the ratio of shares to warrants?
Each whole warrant is exercisable for one share of common stock.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 16, 2024.
What was Trump Media & Technology Group Corp. formerly known as?
The company was formerly known as Digital World Acquisition Corp.
In which state is Trump Media & Technology Group Corp. incorporated?
The company is incorporated in Delaware.
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-06-17 17:14:55
Key Financial Figures
- $0.0001 — ich Registered Common stock, par value $0.0001 per share DJT The Nasdaq Stock Mark
- $11.50 — re common stock at an exercise price of $11.50 DJTWW The Nasdaq Stock Market LLC
Filing Documents
- ef20031264_8k.htm (8-K) — 33KB
- ef20031264_ex99-1.htm (EX-99.1) — 15KB
- image01.jpg (GRAPHIC) — 100KB
- 0001140361-24-030375.txt ( ) — 369KB
- djt-20240616.xsd (EX-101.SCH) — 4KB
- djt-20240616_def.xml (EX-101.DEF) — 18KB
- djt-20240616_lab.xml (EX-101.LAB) — 27KB
- djt-20240616_pre.xml (EX-101.PRE) — 20KB
- ef20031264_8k_htm.xml (XML) — 7KB
01
Item 7.01 Regulation FD Disclosure. On June 16, 2024, an article (the "Article") about Trump Media & Technology Group Corp. (the "Company") was published online, along with a Q&A with the Company. The foregoing description is subject to and qualified in its entirety by reference to the full text of the Article, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed with this Form 8-K: Exhibit No. Description of Exhibits 99.1 Article, dated June 16, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Trump Media & Technology Group Corp. Dated: June 17, 2024 By: /s/ Scott Glabe Name: Scott Glabe Title: General Counsel