It would be interesting to see how this strategy is implemented.
The consolidated financial statements for the year ending Dec. 31st 2024 are showing $170 million in cash, revenues of $3.6 million and a net loss of $401 million, so an acquisition wouldn't come from cash with retained earnings on the other side of the journal entry.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger $450 million from the issuance of common stock and $120 million from the exercise of warrants $47.5 million from the proceeds of convertible promissory notes.
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock; it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition using debt financing would be limited to an asset stripping strategy.
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 are showing $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash with retained earnings on the other side of the journal entry.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger $450 million from the issuance of common stock and $120 million from the exercise of warrants $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing would be limited to an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 are showing $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash with retained earnings on the other side of the journal entry.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger, $450 million from the issuance of common stock, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing would be limited to an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash with retained earnings on the other side of the journal entry.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger, $450 million from the issuance of common stock, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing would be limited to an asset stripping strategy.
References:
Trump Media & Techno
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash with retained earnings on the other side of the journal entry.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger, $450 million from the issuance of common stock, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing would require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash that's related to retained earnings.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger, $450 million from the issuance of common stock, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing would require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash that's related to retained earnings.
Most of the company's cash flow is from 4 financing items: $233 million in proceeds from a merger, $450 million from the issuance of common stock, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7).
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it could be anticipated the future acquisitions would likewise be financed through the issuance of DJT common stock.
It might be challenging to find placement of debt financing for an acquisition since generating a net loss would suggest challenges to servicing any debt issued, however, there may be one exception to this: if an acquisition target has a fair value higher than the acquisition price it can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing might require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
There might be challenges to finding placement of
however, there may be one exception to this: if
with the exception of finding
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash connected to retained earnings.
Most of the company's cash flow is from 4 financing items: $450 million from the issuance of common stock, $233 million in proceeds from a merger, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7). The items of $223 million $120 million, and $47.5 million seem to be variations of common stock issuance.
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it would be reasonable to anticipate future acquisitions would likewise be financed through the issuance of DJT common stock.
There might be impediments to finding placement of debt financing for an acquisition considering a net loss would make servicing a debt issue challenging, but placement of a debt issue might be possible if an acquisition target has a fair value higher than the acquisition price and can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized to service the debt, so any acquisition made using debt financing might require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash connected to retained earnings.
Most of the company's cash flow is from 4 financing items: $450 million from the issuance of common stock, $233 million in proceeds from a merger, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7). The items of $223 million $120 million, and $47.5 million seem to be variations of common stock issuance.
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it would be reasonable to anticipate future acquisitions would likewise be financed through the issuance of DJT common stock.
There might be impediments to finding placement of debt financing for an acquisition considering a net loss would make servicing a debt issue challenging, but placement of a debt issue might be possible if an acquisition target has a fair value higher than the acquisition price and can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized through liquidation to service the debt, so any acquisition made using debt financing might require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
It would be interesting to see how this strategy is implemented.
TMTG's consolidated financial statements for the year ending Dec. 31st 2024 show $170 million in cash (F-4), revenues of $3.6 million and a net loss of $401 million (F-5), so an acquisition wouldn't come from cash connected to retained earnings.
Most of the company's cash flow is from 4 financing items: $450 million from the issuance of common stock, $233 million in proceeds from a merger, $120 million from the exercise of warrants, and $47.5 million from the proceeds of convertible promissory notes (F-7). The items of $223 million $120 million, and $47.5 million seem to be variations of common stock issuance.
The acquisition of World Connect Technologies by TMTG was paid for by the issuance of DJT common stock (F-13); it would be reasonable to anticipate future acquisitions would likewise be financed through the issuance of DJT common stock.
There might be impediments to finding placement of debt financing for an acquisition considering a net loss would make servicing a debt issue challenging, but placement of a debt issue might be possible if an acquisition target has a fair value higher than the acquisition price and can generate a gain on bargain purchase upon acquisition, but the gain on bargain purchase would have to be realized through asset sales to service the debt, so any acquisition made using debt financing might require an asset stripping strategy.
References:
Trump Media & Technology Group Corp. (2025, February 14). Form 10-K for the fiscal year ended December 31, 2024. Retrieved from SEC EDGAR database on March 13th 2025
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