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Trump Media & Technology Group Corp.DJT

Class A DJTCIK 0001849635

Cash in trust

$311M

$310,623,083

Trust per share

$10.80

Redemption value

IPO

Sep 2021

—

Combination deadline

—

Not disclosed

Filings on record

709

Latest Oct 22, 2026

Business combination

Target
Not disclosed in an indexed filing
Announced
Oct 21, 2021
Closed
Mar 30, 2024

Overview

Trump Media & Technology Group Corp. is a special purpose acquisition company incorporated in Florida and registered with the SEC under CIK 0001849635. It completed its initial public offering in Sep 2021 and listing on Nasdaq. Class A shares trade under the ticker DJT on Nasdaq. The vehicle is sponsored by ARC Global through ARC Global Investments II LLC. The mandate targets technology, financial services, healthcare. Business combination closed; the company trades under a new ticker.

“we intend to focus our search on middle-market emerging growth technology-focused companies in the Americas, in the SaaS and Technology or Fintech and Financial Services sector.”
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Trump Media & Technology Group Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Trust versus the $10 unit

    The trust holds $10.80 per public share, 8.0% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.

  • Warrant coverage

    Each unit carried one-half warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Sponsor record

    ARC Global has launched 3 vehicles. Of the 3 that have resolved, 2 closed a combination and 1 liquidated, a 66.7% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.

  • Underwriting

    EF Hutton led the offering. It has been named on 44 SPAC IPOs, book-running 32 of them, and 61.5% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

482402021-052026-10

709 filings in all. 31 in the last three months, against a busiest month of 48.

News on Trump Media & Technology Group Corp.

Last 90 days

News sentiment

Neutral
negativeneutralpositive

Across 12 recent stories, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.

SEC filing history

Free tier: filings older than 24 hours
  • 425

    Business-combination communication

    Accession 0001437749-26-033275

    Oct 22, 2026

    3d ago

    View on EDGAR ↗
  • DEL AM

    FORM DEL AM

    Accession 0001437749-26-031872

    Oct 2, 2026

    23d ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-031736

    Oct 1, 2026

    24d ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-031600

    Sep 30, 2026

    25d ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-031536

    Sep 30, 2026

    25d ago

    View on EDGAR ↗
  • 8-K

    Entry into a material definitive agreement; Regulation FD disclosure

    Items 1.01, 7.01, 9.01 · Accession 0001437749-26-031535

    Sep 30, 2026

    25d ago

    View on EDGAR ↗
  • S-4

    Merger registration statement

    Accession 0001437749-26-031534

    Sep 30, 2026

    25d ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001437749-26-029174

    Aug 28, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001437749-26-028743

    Aug 21, 2026

    2mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001921094-26-000936

    Aug 21, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001437749-26-027765

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001437749-26-027763

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001437749-26-027761

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001437749-26-027758

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001921094-26-000860

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001921094-26-000859

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001921094-26-000858

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001921094-26-000857

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-027049

    Aug 11, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-026839

    Aug 11, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-026838

    Aug 11, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-026809

    Aug 10, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001437749-26-026798

    Aug 10, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Current report

    Items 2.02, 9.01 · Accession 0001437749-26-026797

    Aug 10, 2026

    2mo ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001437749-26-026777

    Aug 10, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001437749-26-026665

    Aug 10, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Termination of a material definitive agreement

    Items 1.02, 9.01 · Accession 0001437749-26-026597

    Aug 7, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001437749-26-026595

    Aug 7, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001437749-26-026265

    Aug 6, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001140361-26-031402

    Aug 5, 2026

    2mo ago

    View on EDGAR ↗

Pro

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Trump Media & Technology Group Corp.: questions answered

What is Trump Media & Technology Group Corp. (DJT)?

Trump Media & Technology Group Corp. is a special purpose acquisition company incorporated in Florida and registered with the SEC under CIK 0001849635. It completed its initial public offering in Sep 2021 and listing on Nasdaq. Class A shares trade under the ticker DJT on Nasdaq. The vehicle is sponsored by ARC Global through ARC Global Investments II LLC. The mandate targets technology, financial services, healthcare. Business combination closed; the company trades under a new ticker.

How much does Trump Media & Technology Group Corp. hold in trust?

Approximately $310,623,083, or about $10.80 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Trump Media & Technology Group Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Trump Media & Technology Group Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Trump Media & Technology Group Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.80 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Trump Media & Technology Group Corp. trade under?

Class A shares trade as DJT on Nasdaq. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Trump Media & Technology Group Corp.?

No, and the gap between them is the whole trade. Trust per share is a disclosed, contractual figure of $10.80, being what a redeeming holder receives. The market price is whatever the shares change hands at: most recently $6.40, a spread to the redemption value. Quotes on this site are delayed and indicative; confirm on your own venue before trading.

How much dilution do Trump Media & Technology Group Corp.'s founder shares and warrants create?

Each unit also carried one-half warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Trump Media & Technology Group Corp., and what is their track record?

ARC Global Investments II LLC is the sponsor entity, part of the ARC Global franchise. That franchise has launched 3 vehicles in total, of which 2 closed a combination and 1 liquidated, a 66.7% completion rate on resolved vehicles. Named principals: Patrick Orlando.

Which banks underwrote the Trump Media & Technology Group Corp. IPO?

EF Hutton, B. Riley Securities, Joseph Gunnar &. EF Hutton was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Trump Media & Technology Group Corp. tradeable, and where?

Yes. DJT returned a live quote of $6.40 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Trump Media & Technology Group Corp. a good investment?

That is not a question this site answers. Trump Media & Technology Group Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Trump Media & Technology Group Corp. data come from?

Filings Trump Media & Technology Group Corp. submitted to the SEC under CIK 0001849635: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Oct 25, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.