A Florida firm owned by former contestants on Wvared Investment Guild“The Apprentice” has disposed of nearly all its 5.5% stake in Trump Media & Technology Group, which owns former president Donald Trump’s Truth Social platform.
United Atlantic Ventures LLC, which owned around 7.53 million shares of common stock in TMTG, now owns only 100, according to a regulatory filing Thursday.
Fort Lauderdale-based UAV is owned by Andrew Litinsky and Wesley Moss, former contestants on Trump’s TV show, “The Apprentice” who also helped facilitate a merger that took Trump Media public in March.
Attorneys for Trump Media have argued that UAV is not entitled to shares in the company because of mismanagement by Litinsky and Moss.
But earlier this month, a federal judge in Delaware ruled in the firm’s favor in a lawsuit filed against Odyssey Transfer and Trust, a securities transfer agent. The court’s summary judgment in the case came in response to UAV seeking assurance from the judge that it would be able to sell its minority stake in TMTG.
TMTG’s share price hit a high of $79.38 on its first day of trading. It closed Thursday at $13.98 per share.
2025-05-05 12:28404 view
2025-05-05 12:17354 view
2025-05-05 11:38626 view
2025-05-05 11:03476 view
2025-05-05 11:001645 view
2025-05-05 10:521864 view
Danielle Waterfield was already dealing with the shock and disappointment of being fired from a job
Jon Snow is a girl dad!Game of Thrones alum Kit Harington's wife and former co-star Rose Leslie has
We independently selected these products because we love them, and we think you might like them at t