Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value. Trump Media in a prospectus filed Tuesday with the SEC said that up to 14,375,000 additional shares would be issuable upon the exercise of those warrants. Which are Redeemable Warrants, each whole warrant exercisable for one share common stock at an exercise price of $11.50.
So i'll give you 1 guess who will get those warrants, hint NOT the common shareholders, Trump and his insiders which will be quickly exercised to common and dumped. I'll give you 1 guess as to the SUCKERS that will buy the shares they dump, hit it's YOU the common shareholder, or true believer...... unfortunately will never learn their lesson.
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