Major Trump Media shareholder sells nearly entire stake [Yahoo! Finance Canada]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance Canada
ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was the former CEO of the blank-check company Digital World Acquisition that took Trump Media public. He was ousted before the deal closed this year. A Delaware judge had ruled in September that Trump Media breached an agreement with Orlando's ARC Global and the fund must receive more than half a million additional shares before a lock-up on insider sales expires. U.S. President-elect Donald Trump owns nearly 115 million shares and has a nearly 53% stake in Trump Media, which owns the Truth Social media platform. (Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur) Recommended Stories
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DJT
News
- Major Trump Media shareholder sells nearly entire stake [Yahoo! Finance]Yahoo! Finance
- Major Trump Media Shareholder Offloads Nearly Entire Stake [Forbes]Forbes
- Could an X and Truth Social merger be in the works? Why some believe the Musk-Trump partnership could go beyond politics [Yahoo! Finance]Yahoo! Finance
- Trump Media Insiders Sell More Than $16 Million In DJT Stock [Yahoo! Finance]Yahoo! Finance
- Asia markets poised to climb after Wall Street falls on Fed Chair Powell's comments; China data in focus [CNBC]CNBC
DJT
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 8-K
- 11/12/24 - Form 4
- DJT's page on the SEC website