Trump SPAC Founder Orlando Gains Additional Shares in Media Company

Reported 21 days ago

Patrick Orlando, the former head of the firm that took Trump's Truth Social public, has been awarded nearly 800,000 additional shares of Trump Media & Technology Group by a Delaware court. This decision, made following regulators' accusations of investor deception against Orlando, adjusts his shareholdings from about 7.4 million to approximately 8.2 million. The ruling is part of ongoing legal battles surrounding Trump's media enterprise, which has seen a significant drop in stock value over recent months.

Source: YAHOO

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