Trump Media Technology Group announced the placement agent and legal counsel for the $2.50 billion bitcoin treasury transaction. The company disclosed that it has signed subscription agreements with 50 institutional investors, including the issuance of 1.50 billion US dollars of common stock and 1 billion US dollars of convertible senior secured notes. Yorkville Securities, LLC and Clear Street LLC will serve as co-lead placement agents for this issuance. BTIG, LLC and Cohen & Company Capital Markets will serve as joint placement agents for this issuance. Law firm Reed Smith will serve as placement agent for this issuance. The latter is also the legal counsel for the merger transaction of Bitcoin native holding company Nakamoto Holdings Inc.
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