Latest news with #TechnologyGroup
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Trump Coin, Trump Media Shares Fall Amid Musk Feud
It wasn't just Musk-related investments taking a hit on Thursday. Shares of Trump Media & Technology Group, the Truth Social parent company majority owned by the president, dropped 8% Thursday, extending declines as Trump and Musk feuded online in the afternoon. Meanwhile, Trump Coin, the meme cryptocurrency backed by the president, was down 12% in afternoon trading.
Business Insider
2 days ago
- Business
- Business Insider
Trump Media files S-3 for previously announced Bitcoin treasury deal
Trump Media (DJT) and Technology Group announced that it has filed a registration statement on form S-3 with the U.S. SEC related to debt and equity subscription agreements recently entered into with approximately fifty investors that yielded approximately $2.3B in total proceeds-one of the largest Bitcoin treasury deals for a public company. The proceeds will be used for the company's creation of a Bitcoin treasury and for general corporate purposes. In accordance with registration obligations in the previously-disclosed agreements, the Registration Statement seeks to register for resale by the investors approximately 56M shares of equity and 29M shares underlying convertible notes. Additionally, having recently become form S-3 eligible, Trump Media is taking the customary step of including within the Registration Statement a universal shelf. By registering additional securities for future use, the shelf will provide the company with greater flexibility to pursue a wide variety of initiatives related to its growth strategy, including funding potential mergers and acquisitions, and utilizing capital raising tools, such as a possible At-The-Market offering. The company has no immediate plans to issue any securities under the shelf registration statement.
Bloomberg
6 days ago
- Business
- Bloomberg
Saylor's Bitcoin Copycats Fall Behind as Speculative Pop Fades
Turns out, buying Bitcoin to boost your share price might not be the corporate panacea that it once seemed. In recent weeks, companies such as Trump Media & Technology Group Corp., have announced plans to use their cash — sometimes borrowed — to plow into Bitcoin, joining a growing list of firms adopting an approach pioneered by Strategy 's Michael Saylor.
Yahoo
6 days ago
- Business
- Yahoo
Houlihan Lokey Expands Global Technology Group with Senior Hire
Craig Rogowski Joins as a Managing Director Focused on Infrastructure Software NEW YORK, June 02, 2025--(BUSINESS WIRE)--Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Craig Rogowski has joined the firm's global Technology Group as a Managing Director. Mr. Rogowski will expand the team's efforts across the infrastructure software sector. Mr. Rogowski joins from BofA Securities, where he was a Managing Director focused on strategic advisory and capital-raising transactions in the infrastructure software sector. Prior to BofA Securities, he started and led Baird's infrastructure software and cybersecurity practice. Mr. Rogowski has more than two decades of experience and has advised on more than 75 M&A and corporate finance transactions for software companies. "Craig has a proven track record in deal origination, execution, and relationship management in the technology sector. His deep industry expertise will help to further bolster our best-in-class team, and he will be a tremendous resource for our clients at a time when emerging technological advancements driven by AI are precipitating rapid changes in software," said Ryan Lund, Co-Head of U.S. Technology and Global Co-Head of Software at Houlihan Lokey. "We look forward to Craig leveraging his strong industry knowledge, reputation as a strategic advisor, execution experience, and deep relationships within the market as we grow and continue to deliver exceptional service for our clients." "Houlihan Lokey's Technology Group, among the largest global technology teams in investment banking, is uniquely positioned to provide bespoke and subsector-specific advisory services, especially to those in the middle market who are focused on enterprise use cases and navigating the opportunities that this fast-changing industry landscape brings," said Mr. Rogowski. "It's an exciting opportunity to join Houlihan Lokey's team, and I look forward to capitalizing on its growing momentum in the market." Houlihan Lokey's Technology Group has earned a global reputation for providing superior service and achieving outstanding results in M&A advisory, capital-raising, restructuring, and financial and valuation advisory services. Its clients range from early-stage businesses and midsized companies to large, publicly traded corporations. In 2024, the group closed 101 transactions (according to LSEG*), which ranked the firm as the No. 1 technology investment banking team in the world for the third year in a row. * Excludes accounting firms and brokers. About Houlihan Lokey Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm's commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG. View source version on Contacts Investor Relations212.331.8225IR@ Media Relations917.331.1580PR@
Wall Street Journal
29-05-2025
- Business
- Wall Street Journal
Foxconn Reassures Shareholders Amid Cloudy Outlook
Foxconn 2317 3.29%increase; green up pointing triangle Technology Group, the world's largest contract electronics maker, said its revenue this year would beat last year's, boosting shareholders' confidence after it downgraded its outlook earlier this month. Foxconn Chairman Young Liu said at the company's annual shareholders conference on Thursday that 2025 revenue is expected to be over 7 trillion New Taiwan dollars, equivalent to $234 billion, as robust AI server demand continues to support its growth. In comparison, revenue in 2024 was NT$6.86 trillion.
