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Trump Media And Technology Group Now Has $350 Million In Cash After Raising 51 Percent More Funds Than Initially Expected From The Exercise Of Warrants

NewsTech

Published:

Trump

Trump Media and Technology Group (DJT), the parent entity of the Truth Social platform, is currently brimming with fresh liquidity that augurs well for its ambitious plans to launch a new live TV streaming platform and its own content delivery network (CDN). We reported on the 21st of June that Trump Media and Technology Group expected to receive $69.4 million in proceeds from the cash exercise of its warrants. Today, in a new filing with the SEC, the company has disclosed that it managed to raise 51 percent more funds relative to its initial expectations, to the tune of $105 […]

Read full article at https://wccftech.com/trump-media-and-technology-group-now-has-350-million-in-cash-after-raising-51-percent-more-funds-than-initially-expected-from-the-exercise-of-warrants/

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