Two companies that did IPOs last year are now led by executives with close ties to the U.S. president and his company Trump Media & Technology Group.
Devin Nunes and others linked to Trump Media recently became officers and investors of a company soon after it made an unsuccessful $10 billion bid for Venezuelan-state-owned Citgo.
The Russian-American businessman who loaned $8M to Trump Media sent $10.8M to a firm that may be linked to business partners of Don Jr. and Eric Trump.
Bankruptcy filings reveal new information on a key Trump Media DJT shareholder. Liquidators say an affiliate conducted naked short selling (a practice prohibited in the US)
An April 2024 SEC filing for Trump Media & Technology Group reveals new details on some of the largest owners.
Trump media partner Digital World Acquisition Corporation disclosed in a filing that the SDNY issued subpoenas to DWAC and each board director requesting communications on various items including Rocket One Capital. Bruce Garelick, the Chief Investment Officer at Rocket One, announced he would resign as a director of DWAC as of June 22, 2022.
In October 2021 Donald Trump announced plans to launch the Trump Media & Technology Group and the social media platform TruthSocial, by merging with publicly listed Digital World Acquisition Corp (DWAC) which is led by Patrick Orlando and advised by Arc Group Limited.