According to the Nasdaq market website, shares of Truth Social and Trump Media & Technology Group began trading in New York, USA on March 26, 2024, with the stock code “DJT”.
Shannon Stapleton | Reuters
United Atlantic Ventures LLC shareholder exist Trump Mediamore than 7.5 million have been sold or otherwise disposed of stock According to a regulatory filing Thursday, the company.
UAV’s managing member is Andrew Litinsky. As of March 25, UAV held 7,525,000 shares of Trump Media, accounting for 5.5% of the social media company’s outstanding shares at the time. 13G Filing with the U.S. Securities and Exchange Commission.
“As of the date of this filing, United Atlantic Ventures LLC owns 100 shares,” the filing said.
former president Donald Trump Owns more than 56% of Trump Media stock, which trades on Nasdaq under the symbol DJT.
UAV is a partnership between Litinsky and Wes Moss, who originally pitched the idea of ​​creating Trump Media to Trump in February 2021, after the former president was banned from Twitter and Facebook following the Jan. 6 Capitol riot.
Litinsky and Moss were both contestants on Trump’s TV show “The Apprentice.”
At the end of March, UAV received more than 7.5 million shares as Trump Media went public after completing its merger with blank-check company Digital World Acquisition Corp.
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