Trump Media falls 8% after company changes its stock registration application – 06/10/2024 at 6:22 p.m.

Trump Media falls 8% after company changes its stock registration application – 06/10/2024 at 6:22 p.m.
Trump Media falls 8% after company changes its stock registration application – 06/10/2024 at 6:22 p.m.

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

June 10 – ** Trump Media & Technology Group shares

DJT.O fell 5.6% to $42.09 on Monday after the social media company filed an amendment to its April 15 S-1 filing

**DJT shares fall 7.9% to $41.06 on the session

**The amendment leaves the total number of registered shares unchanged at ~146.1 mln

** Filing now includes up to 14.4 million shares upon exercise of warrants originally issued to ARC Global Investments II compared to a previous amount of 21.5 million shares

** It includes a new audit of the company’s financial statements for calendar years 2022 and 2023 carried out by Semple, Marchal & Cooper LLP

**I would like to thank SMC for its role as independent auditor and for allowing us to file an amended registration statement which we hope will be promptly reviewed by the SEC,” said Devin Nunes, Managing Director of TMTG, in a press release

** Former President Donald Trump, majority owner of TMTG, will have a virtual interview with a probation officer on Monday, the New York Times reported on Sunday, after being convicted of falsifying documents to conceal a payment intended to silence a porn star before the 2016 election

**With the move on the session, DJT shares were down ~14% in June

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