Trump Media & Technology Believes There Is Not Substantial Doubt Regarding Co's Ability To Continue As A Going Concern As Of June 30
Portfolio Pulse from Benzinga Newsdesk
Trump Media & Technology Group has stated in an SEC filing that it does not have substantial doubt about its ability to continue as a going concern as of June 30.
August 09, 2024 | 8:39 pm
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Trump Media & Technology Group has reassured investors by stating in an SEC filing that it does not have substantial doubt about its ability to continue as a going concern as of June 30.
The statement from Trump Media & Technology Group is likely to boost investor confidence, reducing concerns about the company's financial stability. This could lead to a positive short-term impact on the stock price of Digital World Acquisition Corp (DWAC), which is the SPAC set to merge with Trump Media & Technology Group.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100