Trump Media And Technology Group (DJT) Registers Over 142 Million Shares For Potential Sale, Divided Between A Primary Offering Of Up To 8.4 Million Shares And A Secondary Offering Of Up To 134 Million Shares ...Middle East

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Trump Media And Technology Group (DJT) Registers Over 142 Million Shares For Potential Sale, Divided Between A Primary Offering Of Up To 8.4 Million Shares And A Secondary Offering Of Up To 134 Million Shares

Trump Media and Technology Group (NASDAQ: DJT), the parent entity of the Truth Social platform, the Truth Plus content streaming service, and the soon-to-be-launched asset management and ETF service under the Truth.Fi banner, is currently seeing its stock get hammered on rampant dilution fears after the company registered over 142 million shares for a potential sale. In a just-filed Form S-3, Trump Media and Technology Group has now registered 8,370,686 common shares that are issuable on the exercise of warrants. Bear in mind that these warrants were issued in the IPO of the SPAC Digital World, which eventually went on […]

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