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

Communication Services
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 > Yorkdale
View:
Post by BlackBear22 on Nov 04, 2024 12:59pm

Yorkdale

I still think Yorkdale is going to play a significant role in the future of this company.  DJT management aren't going to let this opportunity to cash in on the inflated value of the shares go away.
I think they have the agreement to purchase and resell if desired (sure thing) up to 37 mil shares.
Comment by a2bman on Nov 04, 2024 1:18pm
I think you mean yorkville and I think the deal was for 2.5bn cash not shares. But I also think your wrong.  Nobody would take this jacked up paper for anything.  
Comment by BlackBear22 on Nov 04, 2024 4:36pm
Yes, you are right it is Yorkville. I looked at the Nasdaq filing and DJT can offer up to 37 mil shares to Yorkville at a discount to market.  Yorkville has the option to hold the shares or sell them into the market. What other time in the history of DJT's trading would be better than right now when the stock is trading close to a 100 mil shares in one day?
Trump Media & Technology Group Corp