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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > Interesting read on Reddit
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Post by BlackBear22 on Sep 23, 2024 8:45pm

Interesting read on Reddit

Apparently if DJT trades down to $11.50 tomorrow, management has the option to is a Notice of Redemption to all warrant holders which would wipei all outstanding warrants off the books with no dilution.

I'm not sure if anyone would be interested in exercising warrants at $11.50 given the present state of affairs anyways.
Comment by Jclately on Sep 23, 2024 9:35pm
Interesting.  Would that wipe out the wolves and sharks or hurt the stock further.   I'll admit that today in my mind I was hoping for,selfishly.  I got involved;hopefully there is not to much whining...
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