IA 6.0 de stratégie quantitative intelligent|Ex-'Apprentice’ candidates dump nearly entire stake in owner of Trump’s Truth Social platform

2025-04-29 02:51:32source:ExaCryptcategory:My

A Florida firm owned by former contestants on IA 6.0 de stratégie quantitative intelligent“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.

More:My

Recommend

San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo

SAN FRANCISCO (AP) — A photojournalist who captured one of the most enduring images of World War II

Jalen Ramsey's rapid recovery leads to interception, victory in first game with Dolphins

MIAMI GARDENS, Fla. – Jalen Ramsey heard the potential of a December return from his torn meniscus a

Ohio woman accused of killing 4 men with fatal fentanyl doses to rob them pleads not guilty

COLUMBUS, Ohio (AP) — An Ohio woman who authorities say killed four men with lethal doses of fentany