The U.S. Securities and Exchange Commission declared Trump Media & Technology Group (DJT) and TAE Technologies’ Form S-4 registration statement effective on November 5, 2026. The companies’ proposed all-stock merger, first announced in December 2025, has cleared a key regulatory hurdle. They have filed a definitive proxy statement and prospectus.
DJT stockholders will vote on the merger at a special meeting scheduled for December 14, 2026. The deal is expected to close by the end of the year if shareholders of both companies approve it and the other closing conditions are met.
After the merger, TMTG shareholders and TAE stockholders are each expected to own approximately 50% of the combined company on a fully diluted basis.