Donald Trump is on the cusp of adding billions of dollars to his balance sheet after shareholders of Digital World Acquisition Corp. voted on Friday to merge with his Trump Media & Technology Group. But not only won’t the expected
Jay Ritter Articles: page 9
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Donald Trump may be about to get $3 billion richer. But that likely won’t solve his cash crunch
Trump Media & Technology Group, the owner of Trump’s struggling social media platform Truth Social, is on the cusp of going public as soon as next week following years of legal and regulatory obstacles. Cordell Eminent Scholar Jay Ritter and DBA
Reddit Rises 48% in First Day of Trading
Cordell Eminent Scholar Jay Ritter shares his insights on the social media company’s debut on the New York Stock Exchange, one of the first major tech initial public offerings of the year. Read his insights from a number of publications,
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Bloomberg Opinion: Digital World Acquisition Corp
Insights from Cordell Eminent Scholar Jay Ritter inform this opinion piece about the proposed merger between Trump Media and Digital World, a special purpose acquisition company, or SPAC. Read more from Bloomberg’s Matt Levine.
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Why That Hot Biotech IPO Could Be a Winner
Insights from Cordell Eminent Scholar Jay Ritter show that biotechnology IPOs tend to do well over the long term just as financing markets begin to thaw. Read more in this story from the Wall Street Journal.
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Reddit plans to let its users get in on the ground floor of its initial public stock offering
Nearly 20 years after it first became a thing, the social media site Reddit is planning to go public. Monday morning the company filed details of its initial public offering with the Securities and Exchange Commission. Among them, Reddit says it’s reserving
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Japanese Recycling Upstart Tests Waters With SPAC Debut on NYSE
A small Japanese plastic recycling company is gearing up to go public in the US through a SPAC merger this month, even as many IPO hopefuls are delaying or scrapping such plans. Cordell Eminent Scholar Jay Ritter shares his insights
Donald Trump Is Poised to Pocket Billions in a Meme Stock Media Merger
The former president has kept his finances in the dark. But now he’s pressed for cash and Truth Social could be the answer. Cordell Eminent Scholar Jay Ritter shares his insights on the company’s quest to go public in this
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Trump Eyes $4 Billion Stock Windfall as His Legal Bills Pile Up
On the financial front, the news has appeared dire for former president Donald Trump this year. Within a span of just a month, two judges in two separate cases ordered him to pay about $540 million in total — a
Smart-Glass Maker View Under Pressure From Cantor Fitzgerald, May Be Forced To Sell Assets
View Inc., a smart-glass company once valued at $2B, is facing a potential debt restructuring or asset sale, according to a filing with the Securities and Exchange Commission this month. View went public on the Nasdaq Stock Market via a