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Trust Stamp announces the closing of $5.51m financing and addresses short-selling

Markets GlobeNewswire By GlobeNewswire 25 Jun 2026 13:15 1 min read
Trust Stamp announces the closing of $5.51m financing and addresses short-selling

Atlanta, GA, June 25, 2026 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI): Gareth N. Genner, Chief Executive Officer of the Company commented: “Over recent weeks, apparent short selling has forced the price of the Company’s stock down. I suspect that the short sellers were working on the mistaken assumption that we were in need of an immediate equity injection which would be prejudiced by a precipitous fall in the stock price.

Atlanta, GA, June 25, 2026 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI): Gareth N. Genner, Chief Executive Officer of the Company commented: “Over recent weeks, apparent short selling has forced the price of the Company’s stock down. I suspect that the short sellers were working on the mistaken assumption that we were in need of an immediate equity injection which would be prejudiced by a precipitous fall in the stock price.

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