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Author: hclasvegas   😊 😞
Number: of 48485 
Subject: Re: DJT- wts exercised, so far
Date: 06/24/2024 1:01 PM
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You didn't read what you shared.

" I guess this is a big surprise to some. Others know that he is prohibited from selling any shares until September."


"Shares of Trump Media sunk even lower last week, after its registration of additional shares was declared effective by the Securities and Exchange Commission. The clearance threatened to dilute the stock price by adding more tradable shares to the company’s float.

The registration allowed early investors to resell certain shares and exercise previously issued warrants. Stock warrants give their holder the ability to buy shares at a predetermined price within a certain time frame.

On Friday, Trump Media said it expected to rake in more than $69.4 million in proceeds from the warrants exercised on Thursday and Friday."

Perhaps you didn't understand what you read ? Read all the DJT filings, the legal work is very well done.
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