Tuesday, June 16, 2026
TAE-Trump Media fusion merger reset to Q4 2026, spin-off dropped
TAE Technologies and Trump Media & Technology Group said on June 10 they now aim to close their roughly $6 billion all-stock merger in the fourth quarter of 2026 or sooner, pushing the target out from an earlier mid-2026 window. The companies also confirmed they will no longer pursue a previously discussed spin-off of TMTG media assets - including Truth Social - into a separate company, with the combined board to weigh options for legacy units after closing. TMTG plans to file a Form S-4 registration statement covering the shares issued in the deal, which would take the hydrogen-boron fusion developer public.