Tmtg secures perpetual licensing for new technology in truth social tv streaming and signs long-term equity deal

Sarasota, fla., july 03, 2024 (globe newswire) -- trump media & technology group corp. (nasdaq: djt) (“tmtg” or the “company”), operator of the social media platform truth social, yet another of president donald j. trump's iconic american brands, announced today that it signed an agreement to acquire assets intended to power tmtg's planned content distribution network for streaming of linear tv—initially via the truth social platform and later through stand-alone apps. additionally, the company finalized a long-term equity financing arrangement to fund tmtg's expansion over the next three years.
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