ToplineShares of Trump Media closed at a new record low Wednesday ahead of its lockup period expiring tomorrow, allowing former President Donald Trump and major other shareholders to sell their stakes—though he’s vowed not to sell his shares in the Truth Social parent.The former president previously said he has “absolutely no intention” of selling his shares in the ... [+] Truth Social parent.Copyright 2024 The Associated Press. All rights reserved Key FactsTrump Media & Technology Group Corp. fell over 3% ...

Donald Trump is not selling any of his majority stake in the company that owns Truth Social, and he will not leave the social media platform he created, the Republican presidential candidate told reporters on Friday.Shares of Trump Media & Technology Group surged 18% following his comments.Trump owns about 57% of Trump Media, which saw its shares slump this week following his televised debate with Democratic rival Vice President Kamala Harris.Donald Trump said he is not selling his shares of Trump Media & T ...

ToplineShares for Trump Media on Wednesday dropped more than 15% in premarket trading, falling to what would be a new record-low for the stock, after Vice President Kamala Harris became the betting favorite to win the election after a debate with former President Donald Trump, the majority stakeholder in the Truth Social parent.Vice President Kamala Harris became the betting favorite to win the election after a debate with the ... [+] former president.Copyright 2024 The Associated Press. All rights reserved ...

ToplineShares of Trump Media and Technology Group fell below $20 for the first time since the company officially went public through a merger in March, continuing a downward trend for the Truth Social parent company—and sending former President Donald Trump’s net worth down about $140 million.Truth Social’s parent company Trump Media could close at its lowest level since it merged with a ... [+] blank-check firm to go public.The Washington Post via Getty Images Key FactsThe company traded at $19.87 as of 2: ...

公司概况 - 公司成立于2021年2月8日，推出首款产品Truth Social社交媒体平台[199] - Truth Social旨在通过开放互联网并还给美国人发声的权利来终结大科技公司对言论自由的打压[199] - Truth Social于2022年第一季度正式上线，并在2022年4月、5月和10月分别推出iOS、Web和Android应用[200,201] - 截至2024年2月中旬,Truth Social的注册用户总数已达约900万[201] - 公司目前不依赖任何关键业绩指标来做出业务和运营决策,而是专注于长期战略规划和创新[201,202] - 公司于2024年3月25日完成与Digital World Acquisition Corp.的业务合并[208,209] - 合并后,特朗普总统持有公司约59.9%的股份[213] 业务拓展 - 公司计划分三个阶段推出自有内容分发网络和流媒体服务[205,206] - 公司于2024年7月收购了WorldConnect Technologies的相关资产,以加强其内容分发网络和流媒体服务[215] - 公司正面临通胀和供应链问题的影响,已采取措施控制成本增长,但未来仍可能受到不利影响[222][223][224][225] - 公司计划通过市场营销、广告销售和新技术等方面的投资来推动增长,但预计在可预见的未来仍将亏损和经营活动现金流为负[231] - 公司计划进一步拓展国际市场,但可能面临监管、竞争等风险[234][235] 广告业务 - 公司与Rumble USA, Inc.签订了广告发布协议,Rumble负责在Truth Social上销售广告位[239] - 公司与The Affinity Media Exchange, Inc.签订了发布商协议,作为Truth Social数字广告库存的非独家代理和代表[240] - 公司的广告收入确认政策详见财务报表附注[242] - 公司预计未来成本将随着Truth Social平台的扩张而增加,包括基础设施成本、分成费用、流量获取成本等[244,245] 财务状况 - 公司自2021年2月8日开始运营,并于2022年第一季度开始推出其社交媒体平台[302] - 公司自2021年2月8日(成立)至2024年6月30日期间共消耗了70,783.5万美元的现金,主要通过发行可转换票据47,915.0万美元(扣除偿还和发行成本)和业务合并的现金收益获得[303] - 合并完成后,公司获得了273,017.5万美元的净现金收益,其中包括233,017.5万美元的无限制现金和40,000.0万美元的受限现金。此外,公司在2024年第二季度还获得了93,805.4万美元的认股权证行权收益。截至2024年6月30日,公司共有343,954.4万美元现金[304] - 公司在前几年和2024年上半年一直处于亏损状态,平均每年消耗约12,577.3万美元现金。2024年上半年和2023年上半年分别有30,754.3万美元和7,370.9万美元的负经营现金流[305] - 得益于业务合并的现金收益,公司在2024年6月30日的流动资产为353,525.3万美元,流动负债为14,295.2万美元,管理层认为公司有足够的营运资金维持未来12个月的运营[305] 会计政策 - 公司与广告合作伙伴的合作属于代理安排,公司仅确认其应得的广告分成收入[314][315] - 公司将软件开发成本在达到技术可行性前全部计入费用[320,321] - 公司采用公允价值法确认股份支付费用[322] - 公司需要对所得税的计算和确认做出重大判断和估计[323] - 公司发行的可转换债券包含衍生工具成分,需要单独确认和计量[324] - 公司使用三层公允价值层级对金融工具进行计量和披露[326,327] - 公司在编制财务报表时需要做出多项重大会计估计和判断[328] 其他 - 公司的成功在一定程度上依赖于特朗普前主席的人气和声誉,如果其声誉受损可能会对公司产生不利影响[226] - 公司目前主要依靠广告收入,用户群的增长和活跃度对公司的业务至关重要[227][228][229] - 公司高管团队的流失可能会对公司业务造成不利影响,公司需要吸引和留住优秀人才[232][233] - 公司于2024年5月3日更换了独立注册会计师[330,331,332,333]

On March 25, 2024, even as former President Donald Trump faced criminal charges and 90 indictments, the Trump Media & Technology Group (NASDAQ:DJT) merged with the special purpose acquisition company (SPAC) Digital World Acquisition Corp (DWAC) and began trading. This key merger came after months of speculation that the deal wouldn’t happen. Regulatory probes into DWAC and questions about TMTG’s financing resulted in delays, and concerns abounded that one of the companies involved would pull out. Additional ...

Topline Trump Media & Technology Group shares have slid nearly 20% following former President Donald Trump’s conviction in his hush money trial last month, extending his company’s run of volatile stock movement since it went public through a merger with Digital World Acquisition Corp in March. Trump Media closed down more than 5% Monday. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via ... [+] Getty Images) AFP via Getty Images Key Facts Trump Media stock closed down more than 5% at $42.09 Monday afte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-40779 Trump Media & Technology Group Corp. (Exact name of registrant as specified in its charter) Delaware 85-4293042 (State or other ...

Exhibit 99.1 TMTG Reports First Quarter 2024 Results ~ Completed the Business Combination with Digital World Acquisition Corp., Successfully Debuted as Public Company, and Now Has Over 621,000 Retail Shareholders. ~ ~ Commenced Trading on Nasdaq, Under Symbol DJT on March 26, 2024 ~ ~ Company Has Sufficient Working Capital as a Result of a Going Public Event ~ ~ Signs first contracts for deployment of its TV streaming platform ~ SARASOTA, Fla., May 20, 2024 – Trump Media and Technology Group Corp. (Nasdaq: ...

A financial executive was convicted Thursday of enabling his boss and others to make over $22 million illegally by trading off his tips ahead of the public announcement that an acquisition firm was taking former President Donald Trump’s media company public. An agitated Bruce Garelick dropped his head and repeatedly wiped his face with his hands after a jury convicted him of all charges in Manhattan federal court. Garelick, who had testified in his defense, was convicted of tipping others in 2021 to news th ...