pera play Years After Being ‘Fired,’ They’ve Unloaded Their Trump Media Stock
An investment company formed by two former contestants on “The Apprentice” TV show sold almost all of their 5.5 percent stake in former President Donald J. Trump’s social media companypera play, according to a regulatory filing on Thursday.
United Atlantic Ventures sold roughly 7.5 million shares of Trump Media & Technology Group within the past few days, after a lockup provision that had barred large investors, including Mr. Trump, from selling any shares ended on Sept. 19.
The two principals of United Atlantic, Andy Litinsky and Wes Moss, were founders of Trump Media and its flagship social media product, Truth Social. They were both contestants on the second season of “The Apprentice,” the reality TV show that helped raised Mr. Trump’s national profile before he ran for president in 2016.
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