Trump Media & Technology Group receives SEC approval for registration statement involving $2.3 billion in equity and debt financing.

MinerOldCannon · 2025-06-14T02:20:29+00:00

Trump Media & Technology Group announced that the SEC has approved the effectiveness of its S-3 registration statement and submitted the final prospectus to the SEC. This registration provides resale rights for approximately 56 million shares of common stock and 29 million convertible notes, with the company expected to gain about $2.3 billion to support its rise strategy.

MinerOldCannon

2025-06-14 02:20:29

Abstract generation in progress

On June 14, Trump Media Technology Group (DJT) announced that the SEC has approved the effectiveness of its previously submitted S-3 registration statement. DJT has subsequently submitted the corresponding final prospectus to the SEC.

The announcement states that, based on the equity and debt agreement reached between the company and approximately fifty investors (which brings the company about $2.3 billion in total revenue, the largest trading scale of Bitcoin reserves for a listed company), this registration statement registers the resale rights of approximately 56 million shares of common stock and 29 million shares of convertible notes for investors. The registration statement includes a general shelf provision designed to provide the company with greater flexibility to advance various initiatives related to its growth strategy. The company currently has no plans to issue any securities under the shelf registration statement.

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