- The company states that shares were already registered last June, and the new filing is to maintain effectiveness of company filings.
- TMTG confirms no current window exists for any affiliate to sell shares, contrary to what some media outlets reported.
Trump Media & Technology Group issued a statement on April 2, 2025, addressing what it describes as “inaccurate stories” regarding its recent filing with the Securities and Exchange Commission. The company, which operates Truth Social, Truth+, and Truth.Fi, clarified that the S-3 registration statement it submitted does not indicate any new plans for the Trump trust to sell shares in the company.
Clarification on Recent SEC Filing
In its statement, TMTG directly challenged media reporting about the filing: “Legacy media outlets are spreading a fake story suggesting that a TMTG filing today is paving the way for the Trump trust to sell its shares in TMTG. To be clear, these shares were already registered last June on an S-1 form, and today TMTG submitted a routine filing that re-registers them on an S-3 form in order to keep the Company’s filings effective.”
The company further emphasized that “there currently is no open window for any affiliate to sell shares.” This clarification appears aimed at countering speculation that the filing signaled imminent stock sales by company insiders or the Trump trust.
Company Operations and Mission
TMTG reiterated its corporate mission in the statement, describing its goal as ending “Big Tech’s assault on free speech by opening up the Internet and giving people their voices back.” The Nasdaq-listed company (DJT) operates multiple platforms, including Truth Social, which it positions as “a safe harbor for free expression,” Truth+ for family-friendly streaming content, and the developing Truth.Fi financial services brand.
The company’s statement included standard cautionary language about forward-looking statements, noting that its plans and projections are subject to various risks and uncertainties. These include challenges related to product development, regulatory approval processes, user growth, and Cybersecurity concerns.
Investor relations contact for TMTG is being handled by Shannon Devine of MZ Group, while media inquiries are directed to press@tmtgcorp.com.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- FBI reports $9.3B in crypto fraud losses with over-60s most affected
- Trump Media expands Truth+ streaming service to Canada and Mexico
- Bank of Ghana to Regulate Cryptocurrency Platforms by September 2025
- Tether, Cantor, SoftBank team up to launch $3.6B bitcoin vehicle XXI
- Trump Media’s SEC Registration Form S-3 Becomes Effective Without Review
