Donald Trump Media Dealt Blow Days Before Share Deadline [Video]

A Delaware judge has ruled that Donald Trump’s media company has breached an agreement with a company that helped set up his social media site, Truth Social.

Trump Media & Technology Group will now have to give more than half a million extra shares to investment company ARC Global.

Tuesday’s Delaware Court of Chancery ruling comes two days before ARC Global, Donald Trump and other Trump Media shareholders are legally permitted to sell their shares.

Several investors will likely wish to sell, as the company has lost billions of dollars in value since its launch in 2022.

Donald Trump greets supporters during a campaign rally on September 13, 2024 in Las Vegas, Nevada. Trump’s media company has to give more than half a million extra shares to an investment corporation that helped…Justin Sullivan/Getty Images

Trump still owns 57 percent of the company, which controls social media site Truth Social, where Donald Trump …