Reported 8 months ago
Trump Media & Technology Group stated that the SEC's approval of the company's filing for the resale of specific shares and warrants could bring in approximately $247 million in proceeds. With the warrants now exercisable, the company plans to focus on TV streaming, platform enhancements, and potential mergers and acquisitions. The company's stock has dropped 46% since listing on Nasdaq, with a current market capitalization of $5.53 billion.
Source: YAHOO