Meanwhile: #TruthSocial
In a preliminary prospectus filed with the Securities and Exchange Commission dated Friday, Trump Media detailed its plans to issue millions more shares of its common stock tied to previously issued public warrants, as well as registering the resale of company securities.
(PDF file)
Music to my ears.
There are a lot of threats to Trump Media & Technology Group’s business, at least according to the company. Among them are risks from former president Donald Trump’s involvement, media coverage, and competition from Elon Musk’s X - the company is worried about a monopoly on free speech. 😆
https://qz.com/trump-media-elon-musk-x-truth-social-free-speech-1851540998
TMTG reported a net loss of $327.6 million for the first quarter of 2024.
https://www.newsweek.com/truth-social-stock-price-donald-trump-1911635