The stock of Trump Media & Technology Group (TMTG), the parent company of the social network Truth Social, suffered a significant share price loss of over 14 percent on Tuesday, last trading at only $22.81. This development follows the company's announcement to register millions of shares for sale, as evidenced by a document filed with the US Securities and Exchange Commission (SEC).

The report mentions the issuance of more than 21.4 million common shares that could be issued in the exercise of warrants, as well as the resale of up to 146.1 million shares by current shareholders. Interestingly, this includes all shares owned by Donald Trump, who currently holds almost 60 percent of the company's shares. However, an existing agreement prohibits him from selling his shares for the next five months.

The current market situation and the potential sales announcement are part of a greater challenge for the company, which last year recorded a loss of about $58 million on revenue of $4 million. The problems with generating advertising revenue are at the heart of TMTG's financial difficulties.

TMTG's Initial Public Offering in March through a Merger with a Publicly Traded Corporate Shell, Known as "SPAC," was Initially Very Successful, with a 58 Percent Price Increase on the First Trading Day. Since Then, However, the Stock Has Retreated More Than 60 Percent from Its Peak on March 26. Trump's Stake in the Company, Which Was Last Valued at Around 2.1 Billion Euros, Has Therefore Lost Significant Value.

The Future Development of TMTG Remains Uncertain as the Company Continues to Battle Financial Difficulties and Fluctuating Investor Interest. The Further Handling of Stock Sales and Regulatory Review by the SEC Will Also Be Crucial in Determining the Company's Financial Situation and Market Position.