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To: Fungi

“How many shares does Trump own?”

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From Wikipedia:

“Trump owned about 90% of the company in April 2023. Since January 2022, former U.S. representative Devin Nunes has served as the company’s chief executive officer. “

https://en.wikipedia.org/wiki/Trump_Media_%26_Technology_Group#:~:text=The%20merger%20had%20not%20been,raised%20from%20investors%20for%20TMTG.&text=Trump%20owned%20about%2090%25%20of,the%20company‘s%20chief%20executive%20officer.

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Per Yahoo, the market cap of DWAC is $1.738 billion.

So if Trump owns 90%, that about $1.5642 billion.

At $46/sh, that’s appx 34,000,000 shares.


18 posted on 02/05/2024 12:35:07 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

That is TMTG, not DWAC.


30 posted on 02/05/2024 1:12:23 PM PST by TexasGator
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