Trump Media & Technology Group Corp. (Nasdaq: DJT) and TAE Technologies, Inc. filed a Form S-4 registration statement with the U.S. Securities and Exchange Commission on Sept. 30, 2026, advancing a proposed all-stock merger first announced on Dec. 18, 2025.

Under the terms of the merger agreement, TMTG shareholders and TAE stockholders would each own approximately 50% of the combined company on a fully diluted basis upon closing. The combined entity would be publicly traded.

TAE Technologies, founded in 1998 and based in Foothill Ranch, California, operates three business units: Fusion, Power Solutions, and Life Sciences. Its Power Solutions unit applies power control technology to AI computing loads, while its Life Sciences unit focuses on boron neutron capture therapy for cancer treatment.

The registration statement includes a preliminary proxy statement and prospectus from TMTG and a consent solicitation statement from TAE. The SEC has not yet declared the registration statement effective, meaning securities to be issued in the merger may not be sold until that occurs.

Kevin McGurn, Interim Chief Executive Officer of TMTG, said in a statement, "Today's filing is a key step toward closing this merger and providing capital to fund TAE's development of commercial fusion power."

Michl Binderbauer, Chief Executive Officer and Chief Technology Officer of TAE Technologies, said, "TMTG has been a strong supporter in our effort to commercialize our technologies."

TMTG, based in Sarasota, Florida, operates the Truth Social platform, the Truth+ streaming service, and the Truth.Fi financial services brand.