Trump Media & Technology Group and TAE Technologies aim to close their merger by the fourth quarter of 2026 or sooner. The companies have dropped plans to spin off Truth Social and will have the combined board review strategic alternatives for legacy media assets.
Trump Media & Technology Group and TAE Technologies reaffirmed their commitment to completing their merger by the fourth quarter of 2026 or sooner. The companies plan to file a registration statement on Form S-4 to register new TMTG shares and distribute proxy, prospectus, and consent solicitation documents upon effectiveness.
Discussions to spin off certain TMTG media assets, including Truth Social, into a separate publicly traded vehicle via Texas Ventures Acquisition III have been terminated. All media platforms will remain under the ownership of the combined entity following the merger.
After closing the TAE Merger, the combined board of directors will assess potential strategic alternatives for legacy business units—including divestitures, restructurings, or other actions—to enhance shareholder value across media, streaming, and fintech operations.
