Trump Media & Technology Group Corp Also Files For Sale From Time To Time By Selling Securityholders Of Up To 146.1M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Trump Media & Technology Group Corp has filed with the SEC to allow selling securityholders to sell up to 146.1 million shares of common stock from time to time.
April 15, 2024 | 12:38 pm
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Trump Media & Technology Group Corp's SEC filing for the sale of up to 146.1M shares could impact its stock price.
The potential sale of a significant number of shares could lead to dilution of existing shares or create downward pressure on the stock price due to increased supply. The impact is considered negative in the short term as investors may react to the potential increase in share availability.
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