Trump Media Announced Friday $69.4M In Initial Proceeds From Warrant Exercise
Portfolio Pulse from Benzinga Newsdesk
Trump Media & Technology Group Corp. (NASDAQ:DJT) announced it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024.

June 24, 2024 | 10:04 am
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Trump Media & Technology Group Corp. (NASDAQ:DJT) announced it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024.
The announcement of $69.4 million in proceeds from warrant exercises is a positive financial development for Trump Media & Technology Group. This influx of capital can be used for further growth and operations, likely boosting investor confidence and positively impacting the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100