Trump Media Raises $450M
This is a New Jersey news story, published by MSN, that relates primarily to Trump Media and Technology Group news.
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TMTGFortune
•Business
Business & Economics
More than half of Trump Media’s cash on hand came from selling $450 million worth of shares to a small New Jersey financial firm
77% Informative
Trump Media and Technology Group raised $450 million by selling company shares at a discount to a small New Jersey financial firm.
Over the course of last year TMTG sold 20.3 million shares at various prices between $14.31 and $36.98 a share.
Despite losing roughly $400 million in 2024 , the company has about $776.8 million in cash, cash equivalents and short-term investments.
VR Score
76
Informative language
76
Neutral language
13
Article tone
semi-formal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
2
Affiliate links
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