International Courant
The Nasdaq Market web site is seen on the day shares of Fact Social and Trump Media & Expertise Group start buying and selling below the ticker “DJT”, in New York Metropolis, US, March 26, 2024.
Shannon Stapleton | Reuters
United Atlantic Ventures LLC, a serious shareholder of Trumpmediabought or in any other case disposed of greater than 7.5 million shares within the firm on Thursday.
UAV, whose managing member is Andrew Litinsky, owned 7,525,000 shares of Trump Media inventory as of March 25, representing 5.5% of the corporate’s then-outstanding shares, in line with 13G’s submitting with the Securities and Alternate Fee.
“As of the date of this submitting, United Atlantic Ventures LLC owns 100 shares,” the submitting mentioned.
Former President Donald Trump owns greater than 56% of Trump Media shares, which commerce on the Nasdaq below the ticker DJT.
UAV is a partnership between Litinsky and Wes Moss, who initially offered Trump with the thought of creating Trump Media in February 2021, after the previous president was banned from Twitter and Fb following the lethal riot on the Capitol on January 6.
Each Litinsky and Moss have been contestants on Trump’s tv present “The Apprentice.”
UAV acquired greater than 7.5 million shares in late March, when Trump Media went public after finishing its merger with blank-check firm Digital World Acquisition Corp.
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Trump Media shareholder UAV dumped greater than 7.5 million shares
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