Trump Media & Technology Group Corp. (DJTWW) Warrant
Each DJTWW warrant gives the holder the right to buy 1 share of Trump Media & Technology Group Corp. at $11.50 per share, until March 25, 2029. The stock last closed at $8.91, below the strike, so the warrant is out of the money. Trump Media & Technology Group Corp. has a market value of about $2.48B. There are 11.01M listed warrants; exercising all of them would add 4.0% to the 277.94M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
DJT vs strike, last 12 months
No share-price history for DJT yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-03-25
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $16.82
From the issuer's S-1/A (2024-06-18).
Company and stock
- Company
- Trump Media & Technology Group Corp.
- Underlying stock
- DJT
- Share price
- $8.91
- Market cap
- $2.48B
- Shares outstanding
- 277.94M
- Value of all listed warrants
- $58.58M (2.4% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-07). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $5.32
- Price / model
Get Pro to see whether DJTWW is cheap or rich against our model.
Dilution
- Shares outstanding
- 277.94M
- Listed warrants
- 11.01M
- Dilution if all exercised
- 4.0%
Warrant count from XBRL (single class reported).
Filings and events
Questions about DJTWW
When does the DJTWW warrant expire?
DJTWW expires on March 25, 2029.
What is the strike price of DJTWW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Trump Media & Technology Group Corp. redeem the DJTWW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many DJTWW warrants are outstanding?
11.01M listed warrants, equal to 4.0% dilution if all are exercised.