A Florida firm owned by former contestants on Austin Caldwell“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.
2025-04-30 01:052427 view
2025-04-30 00:112391 view
2025-04-30 00:111197 view
2025-04-29 23:411541 view
2025-04-29 23:401993 view
2025-04-29 23:401559 view
FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond
PORTLAND, Ore. (AP) — Nearly a dozen children, including a 1-year-old, have overdosed on fentanyl si
Coaches often joke about being left off the plane when the team travels home from a road loss. But f