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Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer

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A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform.

Read full article: LIVE RADAR: More rain, flooding expected to impact Friday evening commutes and high school football858 turtle nests have been found in St. Johns County. Now the turtles are hatching and on the move

Read full article: ‘You need a kayak’: Residents on some Jacksonville dirt roads report issues with entering, exiting amid floodingPolice looking for man who entered multiple Westside homes, stared at women before running awayFILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.

Friday’s ruling involves UAV’s concerns that it will not receive its Trump Media shares, currently valued at about $350 million, from Odyssey when a post-merger lockup period expires Sept. 19. According to court filings, Odyssey told UAV earlier this year that it would be taking direction from TMTG and its lawyers.

 

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Stakeholder in Trump's Truth Social parent company wins court ruling over share transferA federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform.
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