Trump Media to debut on NASDAQ with $3B valuation - Breaking The News
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Trump Media to debut on NASDAQ with $3B valuation

EPA-EFE/MARK HUMPHREY

Former President Donald Trump's social media company will begin trading Tuesday under the ticker symbol DJT, the company itself announced in a new regulatory filing on Monday.

The newly merged company will be called Trump Media & Technology Group Corp. (TMTG) and listed on the NASDAQ market. Trump retains a commanding 58% ownership of the merged entity, which, based on current share prices, is worth upwards of $3 billion. Eric Swider, the former CEO of DWAC, will join the board of directors.

"As a public company, we will passionately pursue our vision to build a movement to reclaim the Internet from Big Tech censors," said TMTG CEO Devin Nunes. "We will continue to fulfill our commitment to Americans to serve as a safe harbor for free expression and to stand up to the ever-growing army of speech suppressors. As we mark this milestone, I want to particularly thank Eric Swider for his unflagging dedication to our deal and our cause."

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