About the Company
Trump Media & Technology Group Corp. (TMTG) is an American media and technology company majority-owned by former U.S. president Donald Trump. Founded by Andy Litinsky and Wes Moss in 2021, it became a public company on 26 March 2024 after merging with Digital World Acquisition Corp. (DWAC), a special-purpose acquisition company. The company is based in Sarasota, Florida. Since January 2022, former U.S. representative Devin Nunes has served as the company's chief executive officer. In February 2022, TMTG launched the social network Truth Social. Trump reported in an April 2023 personal financial disclosure that he had made less than $201 from TMTG. According to a report filed with the U.S. Securities and Exchange Commission (SEC) on April 1, 2024, the TMTG experienced substantial financial challenges in 2023. A November 2023 DWAC financial disclosure indicated that management had "substantial doubt" about its ability to pay its bills, and the company's accounting firm had "substantial doubt" about the company's ability to remain in business.
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Nasdaq
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Latest $DWAC News
Trump Media's trouble, Elon Musk's pay-to-tweet, Amazon's Prime Video problem: Business news roundup
The firm responsible for auditing Trump Media & Technology Group was labeled as “so seriously deficient in its performance” ...
Trump Media CEO Decries Naked Short Selling; Citadel Fires Back, Stock Rises
Shares of Truth Social's parent rose in another volatile session, extending a roller-coaster stretch of trading for Donald ...
Trump Media and Technology Group CEO letter to Nasdaq: Read Here
The CEO of Trump's media company is calling foul, alleging the shares are the target of short sellers. Read his full letter ...
Donald Trump will use his weekend reprieve from the courtroom to campaign in North Carolina
Former President Donald Trump will be campaigning in North Carolina as he juggles legal troubles and his rematch against ...
Trump Media Accuses Firms Of 'Illegal' Manipulation Of Shares
Trump Media and Technology Group asked the Nasdaq exchange to crack down on alleged "naked" short selling of shares by large speculators, according to a securities filing posted Friday.
Billionaire Republican donor’s firm brands Trump’s social media CEO ‘loser’
Ken Griffin claimed Devin Nunes would be ‘fired on the Apprentice’ after the latter accused Citadel Securities of ...
Trump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.
The former president's media company has had a rough start on Wall Street, shedding two-thirds of its value since its peak.
Bitcoin halving, Trump Media stock falling, and banks rising: Markets news roundup
Bitcoin is going through its latest so-called “halving” event. The halving will cut the current reward for mining new coins ...
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