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Trump Media Raises Over $105 Million From Warrant Exercise
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Trump Media Raises Over $105 Million From Warrant Exercise
Jul 2, 2024 8:04 AM

10:41 AM EDT, 07/02/2024 (MT Newswires) -- Trump Media & Technology Group ( DJT ) said Tuesday it raised more than $105 million in cumulative proceeds from the cash exercise of warrants between June 20 and July 1.

The firm also said about $41 million of restricted cash has recently become unrestricted.

The company said it had more than $350 million in cash and no debt on its balance sheet as of July 1.

Shares of the company were down 1.9% in recent trading.

Price: 33.00, Change: -0.08, Percent Change: -0.25

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