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Truth Social Plans Reincorporation in Florida

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Truth Social Plans Reincorporation in Florida

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The latest update is out from Truth Social ( (DJT) ).

On February 21, 2025, Trump Media & Technology Group Corp. announced its intention to reincorporate in Florida, aligning its corporate registration with its principal place of business. This move, subject to approval at the annual meeting on April 30, 2025, is part of TMTG’s strategy to leverage Florida’s favorable business climate for potential mergers, acquisitions, and growth opportunities.

More about Truth Social

Trump Media and Technology Group Corp. (TMTG) operates in the social media, streaming, and financial technology sectors. It offers platforms like Truth Social, a social media network advocating free speech, Truth+, a family-friendly TV streaming service, and Truth.Fi, a financial and FinTech brand focused on America First investment vehicles.

YTD Price Performance: -18.17%

Average Trading Volume: 10,622,437

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.13B

See more insights into DJT stock on TipRanks’ Stock Analysis page.

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