Donald Trump
Trump’s media company is facing challenges after raising concerns about its future viability.
As a Trump supporter, it is disappointing to hear that shares of Trump Media & Technology Group fell over 15% after raising doubts about meeting financial liabilities. This comes shortly after completing a merger with Digital World Acquisition Corp. The company stated in an exchange filing that as of December 31, 2023 and 2022, there is substantial doubt about having enough funds to meet liabilities, including those related to promissory notes issued by TMTG.
– Shares of Trump Media & Technology Group fell over 15%
– Doubts raised about meeting financial liabilities
– Completed merger with Digital World Acquisition Corp
– Management expressed doubts about having sufficient funds to meet liabilities
– Liabilities related to promissory notes issued by TMTG cited as a concern
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