SocialNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Raises $450 Million Through Share Sale to Yorkville Advisors

Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, secured $450 million by selling shares to Yorkville Advisors, a New Jersey-based investment firm. The deal represents more than half of the company’s cash on hand, reinforcing its liquidity ahead of a potential public listing. TMTG’s reliance on this financing structure signals its strategic push to sustain operations and expand its digital media presence.

As of 10:05 AM EST on Feb. 19, 2025, shares of Trump Media & Technology Group (NASDAQ:DJT) are trading at $29.34, reflecting a modest increase of $0.11 (0.38%) from the previous close. Today’s trading range has spanned from $29.00 to $29.75, with an opening price of $29.29.

To view the full article, visit https://ibn.fm/b1VB2

About Trump Media & Technology Group

Trump Media & Technology Group (NASDAQ:DJT) is a digital media and technology company focused on providing free speech-oriented platforms. Its flagship service, Truth Social, aims to offer an alternative to mainstream social media networks. The company is committed to fostering open dialogue and creating innovative content solutions for users worldwide. TMTG is headquartered in Sarasota, Fla.

About SocialMediaRelations

SocialMediaRelations (“SMR”) is a dynamic communications platform with a focus on public and private companies in the transformative social media space. It is one of 65+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, SMR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, SMR brings its clients unparalleled recognition and brand awareness. SMR is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from SocialMediaRelatiosn, text “SMR” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.SocialMediaRelations.com

Please see full terms of use and disclaimers on the SocialMediaRelations website applicable to all content provided by SMR, wherever published or re-published: https://www.SocialMediaRelations.com/Disclaimer

SocialMediaRelations
Los Angeles, CA
www.SocialMediaRelations.com
310.299.1717 Office
Editor@SocialMediaRelations.com

SocialMediaRelations is powered by IBN