Trump Set for Another $1.3 Billion in Shares He Can't Sell Yet – Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Trump Media Stock:
Donald Trump at Manhattan criminal court on April 23.
The blank-check deal that brought Donald Trump’s media startup public is set to give him another $1.2 billion in stock after meeting certain targets to his present windfall from the merger, yet he remains unable to cash any of it in.
With shares of Trump Media & Technology Group Corp. regaining steam last week, the former president and insiders are set to receive 40 million shares to split after fulfilling terms related to a so-called earnout.