The firm that is slated to acquire the website, Truth Social, expressed concern that the former president's legal issues will cause his popularity to drop.
As a result, the website is having financial difficulties as its traffic continues to be meager with Truth social media app.
According to Securities and Exchange Commission filings from Digital World Acquisition, the company preparing to take Trump's start-up.
The Trump Media & Technology Group, public, the site, a clone of Twitter, which banned Trump after Jan. 6, 2021
This week, the corporation issued a warning that if Trump "becomes less popular or there are other controversies that impair his reputation
Since its peak in March, the company's stock price has fallen by about 75%, and it revealed last week in a filing that it had lost $6.5 million in the first half of the year.
A surge in user activity on Truth Social resulted from the FBI raid on Donald Trump's Florida residence Mar-a-Lago
In response to an FBI affidavit regarding secret records held at his Palm Beach home, he remarked, or "truthed," on Friday, "WE GAVE THEM MUCH."
The Trump organization stopped paying RightForge, a conservative web hosting business, in March and currently owes it more than $1 million.
This month, the U.S. Patent and Register Office rejected the company's request to trademark "Truth Social," noting the "potential of confusion" with other businesses with the same names
In its advertising, RightForge has positioned itself as a cornerstone of the conservative movement to create a second internet free from "Big Tech repression."