Trump Media and TAE Technologies file SEC paperwork for fusion energy merger

Trump Media & Technology Group Corp. (TMTG) and TAE Technologies, Inc. have filed a Form S-4 registration statement with the U.S. Securities and Exchange Commission regarding their proposed all-stock merger. The deal, originally announced in December 2025, aims to create one of the first publicly traded companies focused on developing commercial fusion energy technology.

Upon completion, shareholders of both companies are expected to own approximately 50% of the combined enterprise on a fully diluted basis. The merger is intended to combine TMTG’s balance sheet strength with TAE’s nearly 30 years of research in fusion energy, power management, and life sciences. TAE operates through three business units: Fusion, Power Solutions, and Life Sciences.

TMTG Interim CEO Kevin McGurn noted that the merger offers a balanced risk profile and attractive growth opportunities, providing necessary capital for TAE’s commercial fusion power development. TAE CEO Michl Binderbauer stated that TMTG has been a strong supporter in the effort to commercialize their technologies.