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Trump Media Shares Tumble Amid New Stock Issuance
👉 Key Highlights:
📍 Trump Media shares fall over 17% in premarket trading.
📍 Company files for issuance of over 21.4 million shares.(This will dilute current shareholders value by at 15%.)
📍 New shares linked to exercise of stock warrants.
📍 Warrant trading symbol DJTWW drops more than 8% before market open.
📍 Filing includes potential resale of up to 146.1 million shares.
📍 Donald Trump holds 114.8 million shares, with potential to gain 36 million more.
📍 Share price impacts tied to Trump's ongoing Manhattan criminal trial.
📍 Trump Media shares fall over 17% in premarket trading.
📍 Company files for issuance of over 21.4 million shares.(This will dilute current shareholders value by at 15%.)
📍 New shares linked to exercise of stock warrants.
📍 Warrant trading symbol DJTWW drops more than 8% before market open.
📍 Filing includes potential resale of up to 146.1 million shares.
📍 Donald Trump holds 114.8 million shares, with potential to gain 36 million more.
📍 Share price impacts tied to Trump's ongoing Manhattan criminal trial.
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