Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

DJT

Trump Media & Technology Form S-3 Filing Approved

Trump Media and Technology Group Corp. (TMTG) has announced that its registration statement on Form S-3, filed with the U.S. Securities and Exchange Commission (SEC) on April 1, 2025, has become effective after the SEC informed the company it will not review the filing.

The Form S-3, which consolidates and largely restates information from existing, effective Form S-1 registration statements, is a routine filing that helps keep the company’s filings effective and compliant with regulatory requirements.

TMTG recently became eligible to file the simplified Form S-3 after operating as a public company for one year. It does not represent any change of status for the registration of TMTG shares held by the Donald J. Trump Revocable Trust, which were previously registered in June 2024 on a registration statement on Form S-1, and there is currently no open window for any affiliate to sell shares.

TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by big tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content. Additionally, TMTG is launching Truth.fi, a financial services and fintech brand incorporating America First investment vehicles.

The Form S-3 is available at a link provided by the company.

This announcement signifies a significant development for TMTG as it continues to navigate the regulatory landscape and expand its offerings in the social media, streaming, and fintech spaces. Following these announcements, the company's shares moved 0.4%, and are now trading at a price of $18.96. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS