Trump Media says SEC decision could lead to $247 million in proceeds
(008606.73:E-006837.55:N-:R-UR:C-30:V)
Trump Media & Technology Group, which operates Truth Social, announced that the Securities and Exchange Commission has "declared effective the company’s registration statement on Form S-1, related to the resale by certain selling security holders of certain shares and warrants issued by and issuable from the company."
The SEC’s decision could lead to about $247 million in proceeds, the company said in a news release.
"Additionally, $40 million of restricted cash on the Company’s balance sheet will become unrestricted as a result of the Registration Statement becoming effective," the company said. "These funds would supplement the more than $200 million in unrestricted cash the Company now retains."
TMTG CEO Devin Nunes said the SEC decision was another milestone for the company.
"With our S-1 declared effective, we’re expecting to be well positioned to energetically pursue TV streaming, other enhancements to the platform, and potential mergers and acquisitions. With approximately 620,000 retail shareholders supporting our vision, the company looks forward to expanding quickly and robustly," he said in a statement.
Institute for Historical Review
This is a pretty decent website that deals with various historical lies and crimes of the Jewish scum. It deals with the time Israel murdered Americans on the USS Liberty and also deals with the holocaust and various other Jewish deceptions and lies.
2004: After White Farmers chased out of Zim: 100 White Zim Farmers create 4,118 Jobs in Mozambique
After Mugabe chased White Farmers out of Zimbabwe, small groups of them went to other worthless Black countries and made a massive, positive impact.
From Jan: Twitter is shadow banning some of my posts Elon Musks quite censorship of some topic
On my Twitter a/c I have been watching for quite a long time that they are shadow banning lots of my posts.