Brief: Trump Media Group CRO Strategy to Acquire $6.42 Billion for CRO Digital Asset Treasury
26/08/2025 13:33
Aug 26 (Reuters) - Trump Media & Technology Group Corp DJT.O: TRUMP MEDIA GROUP CRO STRATEGY TO ACQUIRE $6.42 BILLION FOR CRO DIGITAL ASSET TREASURY TRUMP MEDIA & TECHNOLOGY - AT CLOSE OF DEAL, TRUMP MEDIA GROUP CRO STRATEGY TO BE MAJORITY-OWNED BY YORKVILLE, TRUMP MEDIA, & CRYPTO.COM, TOGETHER TRUMP MEDIA & TECHNOLOGY: YA II PN ALSO TO BUY CLASS A ORDINARY SHARES OF YORKVILLE ACQUISITION CORP, CAPPED AT NO MORE THAN 9.9% STAKE TRUMP MEDIA & TECHNOLOGY- EXPECTED FUNDING FOR DIGITAL ASSET TREASURY TO INCLUDE $1 BILLION CRO,$200 MILLION CASH,$220 MILLION CASH-IN MANDATORY EXERCISE WARRANTS TRUMP MEDIA & TECHNOLOGY - YORKVILLE, TRUMP MEDIA & CRYPTO.COM AGREED TO MANDATORY ONE-YEAR INITIAL LOCK-UP PERIOD ON THEIR FOUNDING SHAREHOLDINGS Source text: ID:nGNXk6YCH Further company coverage: DJT.O ((Reuters.Briefs@thomsonreuters.com;))
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