DLA Piper is advising Trump Media on a planned merger with a nuclear fusion company. The all-stock deal with TAE Technologies is valued at around six billion dollars.
Baker Botts represents the fusion firm. The transaction aims to form a publicly traded entity focused on commercializing fusion energy. Both companies would hold equal ownership shares upon the merger's completion, pending regulatory and shareholder approval next year.
TAE Technologies has previously secured significant funding from major investors for its energy storage systems. The combined company intends to start building a utility-scale fusion power plant. Trump Media's leadership stated the move would leverage public markets to advance the technology.
Baker Botts represents the fusion firm. The transaction aims to form a publicly traded entity focused on commercializing fusion energy. Both companies would hold equal ownership shares upon the merger's completion, pending regulatory and shareholder approval next year.
TAE Technologies has previously secured significant funding from major investors for its energy storage systems. The combined company intends to start building a utility-scale fusion power plant. Trump Media's leadership stated the move would leverage public markets to advance the technology.
