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Truth Social founders sue TMTG over dilution (DWAC) (www.forbes.com)

posted 258 days ago by patriotic_legend 258 days ago by patriotic_legend +25 / -0

Trump Media Co-Founders File Lawsuit Claiming Company Tried To Dilute Their Stake

The co-founders of Trump’s media business allege the company tried to dilute their 10% stake in the parent company of Truth Social.

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– bubble_bursts 4 points 258 days ago +4 / -0

Anyone who has dealt with any startup knows that unless you have specific anti-dilution clause, there is a very good chance that your shares will get diluted. And if you do have an anti-dilution clause, typically you have to shell out the money to maintain your stake as the valuation changes and new investment comes in.

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