TechFlow news, on June 6, according to GlobeNewsWire, Trump Media Group (Nasdaq, NYSE Texas: DJT) announced it has filed an S-3 registration statement with the U.S. Securities and Exchange Commission regarding previous debt and equity subscription agreements with approximately 50 investors, generating total proceeds of about $2.3 billion, described as "one of the largest Bitcoin reserve transactions by a publicly traded company." The registration includes resale offers for approximately 56 million shares and 29 million shares related to convertible bonds, along with a universal shelf registration providing flexibility for future mergers, acquisitions, and capital raising. Trump Media CEO Devin Nunes stated these measures will provide the capital, assets, and independence needed for rapid expansion, attracting more users into the "patriotic economy."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
