Business
Registration Statement for Trump Media Bitcoin Treasury Deal Becomes Effective
Company Files Final Prospectus as Expansion Plans Move Forward SARASOTA, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp.
About this update from Trump Media & Technology Group Corp.
[{"type":"text","content":"Company Files Final Prospectus as Expansion Plans Move Forward SARASOTA, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (\"Trump Media\" or the \"Company\"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced that the Company's previously-filed registration statement on Form S-3 (the \"Registration Statement\") has been declared effective by the U.S. Securities and Exchange Commission (\"SEC\") on June 13, 2025. Consequently, Trump Media has filed a corresponding final prospectus with the SEC. In accordance with the Company’s obligations arising from the previously-disclosed debt and equity agreements with approximately fifty investors that yielded approximately $2.3 billion in total proceeds—one of the largest Bitcoin treasury deals for a public company—the Registration Statement registers for resale by the investors the approximately 56 million shares of equity and 29 million shares underlying convertible notes. Furthermore, as previously announced, the Registration Statement includes a universal shelf intended to provide the Company with greater flexibility to pursue a wide variety of initiatives related to its growth strategy. The Company has no immediate plans to issue any securities under the shelf registration statement. Trump Media's CEO and President Devin Nunes said, \"We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities. By simultaneously enhancing and growing our social media platform, TV streaming platform, and our FinTech brand while establishing a Bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.” This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in the United States or any other state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Cautionary Statement About Forward-Looking Statements This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both busi...