Trump Media Announces Over $105 Million in Cumulative Proceeds from Warrant Exercise and Over $350 Million in Cash on its Balance Sheet
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: GlobeNewswire
SARASOTA, Fla., July 02, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group Corp. (NASDAQ: DJT) (“TMTG” or the “Company”)—operator of the Truth Social platform, yet another of President Donald J. Trump’s iconic American brands—today announced that the cash exercise of warrants between June 20 and July 1, 2024, has resulted in more than $105 million in cumulative proceeds. Additionally, approximately $41 million of restricted cash has recently become unrestricted. As a result, the Company had more than $350 million in cash—and no debt—on its balance sheet as of July 1, 2024. About TMTG The mission of Trump Media & Technology Group (TMTG) is to end Big Tech's assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations. Investor Relations Contact:Shannon Devine (MZ Group | Partner - MZ North
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News
- What's Going On With Trump Media & Technology Group Stock On Friday? (UPDATED) [Yahoo! Finance]Yahoo! Finance
- TMTG Secures Perpetual Licensing for New Technology in Truth Social TV Streaming and Signs Long-Term Equity DealGlobeNewswire
- Kari Lake keeps making money off of her MAGA celebrity brand [Business Insider]Business Insider
- Trump Media Announces Over $105 Million in Cumulative Proceeds from Warrant Exercise and Over $350 Million in Cash on its Balance Sheet [Yahoo! Finance]Yahoo! Finance
- Is There Any Hope Left for Trump Media Stock? [Yahoo! Finance]Yahoo! Finance
DJT
Sec Filings
- 7/3/24 - Form S-1
- 7/3/24 - Form 424B3
- 7/3/24 - Form 8-K
- DJT's page on the SEC website