Is Yorkville involved in this latest rise?Yorkville has a standby share purchase agreement with DJT to purchase up to $2.5 Bil worth of stock.
Yorkville can purchase shares of DJT diectly from the company at 2.75% discount to the market and then turn around and sell those same shares to retail investors who have been excited by the recent climb.
On one hand the company gets cash, but on the other the shareholders get dilution.
Is this happening now and when does the company need to disclose information regarding the sale of shares?
But frequently deals that dilute shares hurt existing shareholders. In its filing announcing the deal, Trump Media acknowledged as much: “There are substantial risks to stockholders as a result of the sale and issuance of shares to Yorkville. … These risks include the potential for substantial dilution and significant declines in the share price of the Company’s securities."