United Atlantic Ventures LLC sold 7.5M shares in Trump Media & Technology, reducing ownership from 5.5% to less than 5%.
United Atlantic Ventures LLC has drastically reduced its stake in Trump Media & Technology, selling over 7.5 million shares, which dropped its ownership from 5.5% to less than 5%. This divestment, revealed in a recent SEC filing, follows legal disputes regarding share value dilution. Meanwhile, Donald Trump maintains he has no plans to sell his majority stake, which constitutes about 56% of the company.
September 26, 2024
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