tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Truth Social Parent to Acquire Fusion Firm TAE

Story Highlights
  • TMTG agreed on December 18, 2025 to merge with TAE Technologies in an all-stock deal creating a 50-50 owned combined company.
  • The merger hinges on regulatory and shareholder approvals, includes reciprocal $90 million break fees, and is backed by up to $300 million in TMTG funding for TAE via a convertible note.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Truth Social Parent to Acquire Fusion Firm TAE

Claim 50% Off TipRanks Premium and Invest with Confidence

Truth Social ( (DJT) ) has issued an update.

On December 18, 2025, Trump Media & Technology Group and TAE Technologies signed a definitive agreement under which TMTG will acquire TAE through a stock-for-stock merger, with TAE surviving as a wholly owned subsidiary and each side’s existing shareholders expected to own roughly 50% of the combined company on a fully diluted basis. All TAE preferred stock will convert into common stock before closing, TAE equity awards and warrants will roll into equivalent TMTG instruments, and post-merger governance is set to be shared, with a nine-member board chaired by TAE investor Michael B. Schwab and co-CEOs Devin Nunes and Michl Binderbauer, while major shareholders, including the Donald J. Trump Revocable Trust and key TAE investors, have entered voting agreements supporting the deal. The transaction remains subject to numerous conditions, including shareholder approvals at both companies, regulatory clearances, stock exchange listing of new TMTG shares, and tax opinions, and can be terminated by either party under agreed circumstances, with reciprocal $90 million termination fees and up to $30 million in expense reimbursement; concurrently, TMTG agreed to provide TAE with at least $200 million, and up to $300 million, of interim funding via an unsecured convertible note, underscoring the strategic scale and financial commitments tied to combining a social media company with a fusion energy developer.

More about Truth Social

Trump Media & Technology Group Corp. (TMTG), parent of the Truth Social platform, operates in the digital media and technology sector, focusing on social networking and related online services. TAE Technologies is a privately held fusion energy company developing advanced nuclear fusion technology and power plant designs aimed at future commercial power generation.

Average Trading Volume: 5,787,283

Technical Sentiment Signal: Sell

Current Market Cap: $3B

See more data about DJT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1