News Summary Paragraph:
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced plans to raise up to $12 billion through a primary offering that includes common stock, preferred stock, debt securities, and other financial instruments. The offering also includes a secondary sale of up to 84,657,181 shares of common stock. This follows a recent report that TMTG raised $2.3 billion, which some speculate may be connected to notable acquisitions or expenditures. According to the prospectus, the funds could be used for a variety of business activities, including PIPE financing, convertible note subscriptions, and other corporate needs. Investors are advised to consult the full prospectus and any supplements before investing.