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NASDAQ: DJT Trump Media & Technology Group Corp. 8-K

Trump Media settles all legal disputes with Patrick Orlando and ARC Global under confidential terms

Filed July 20, 2026 · Period ending July 15, 2026 · ~1 min read

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    Trump Media resolved all outstanding legal claims involving Patrick Orlando and ARC Global Investments II LLC through a confidential settlement agreement, with undisclosed financial terms and scope of claims.

    Exhibit 99.1 view on EDGAR →

Summary

Trump Media announced it has settled all legal disputes with Patrick Orlando and ARC Global Investments II LLC under confidential terms.Patrick Orlando was the CEO of Digital World Acquisition Corp., the SPAC that merged with Trump Media to take it public in 2024, and legal disputes between SPAC sponsors and post-merger entities can involve earnout shares, indemnification claims, or governance disagreements. Without visibility into the settlement terms or financial impact, investors cannot assess whether this removes a material overhang or creates new obligations. The resolution eliminates litigation uncertainty, but the confidential structure leaves the cost and scope unknown.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 21, 2026 · How we verify