TMTG Announces Asset Acquisition for Streaming Service and Secures Equity Financing

Trump Media & Technology Group Corp. announced the acquisition of assets to power its content distribution network for streaming linear TV and a long-term equity financing arrangement to fund its expansion over the next three years.

The firm expects to receive worldwide licensing rights for the new CDN technology and has secured a financing option to issue up to USD 2.5 billion in shares of common stock over three years.

Read more – TMTG Secures Perpetual Licensing for New Technology in Truth Social TV Streaming and Signs Long-Term Equity Deal