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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  2024/07/02 21:04

Moomoo AI 已提取核心信息

Trump Media & Technology Group announced that warrant exercises between June 20 and July 1, 2024, have generated over $105 million in proceeds. The company also reported that approximately $41 million of restricted cash has become unrestricted, bringing its total cash position to more than $350 million with zero debt as of July 1, 2024.The warrant exercises were enabled after the SEC declared effective the company's registration statement on Form S-1 on June 18, 2024. If all registered warrants are exercised for cash, the company could potentially receive up to $247 million in additional proceeds. The company operates Truth Social, a platform positioned as an alternative to mainstream social media.
Trump Media & Technology Group announced that warrant exercises between June 20 and July 1, 2024, have generated over $105 million in proceeds. The company also reported that approximately $41 million of restricted cash has become unrestricted, bringing its total cash position to more than $350 million with zero debt as of July 1, 2024.The warrant exercises were enabled after the SEC declared effective the company's registration statement on Form S-1 on June 18, 2024. If all registered warrants are exercised for cash, the company could potentially receive up to $247 million in additional proceeds. The company operates Truth Social, a platform positioned as an alternative to mainstream social media.
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