Trump Media COO Resigns As Former President's Social Media Platform Is Set To Release Nearly 800,000 Shares To An Early Investor

Описание

Trump Media Chief Operating Officer Andrew Northwall resigned in late September, according to a regulatory filing. The company offered no reason for Northwall's departure. In the same filing, Trump Media announced it would release nearly 800,000 shares worth over $12 million to an early investor following a court ruling. The Delaware Chancery Court determined that Trump Media breached an agreement with ARC Global Investments, ordering the release of shares held in escrow.