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-9.29368029748617E-06 -0.000929368029739812 -0.00247831474597269 -0.00495662949194537 -0.00402726146220578 -0.00154894671623287 -0.00309789343246597 -0.00619578686493193
Stock impact report

Trump to receive 36 million additional shares of Truth Social parent company, worth $1.17 billion [USA TODAY]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: USA TODAY
The earnout bonus, a potential for a future windfall, if the company meets financial goals, is a provision in the merger agreement with Digital World Acquisition Corp., according to an SEC filing . It states Trump is entitled to the additional shares if the stock price stays above certain thresholds for 20 days out of any 30 trading days. Trump already owned 60% of the company with 78.75 million shares. Even though the DJT stock price nosedived a few weeks after debuting on the stock market, it has stayed well above the $17.50 per share threshold in its 20 trading days . The lowest it has been since its March 26 debut is $22.84 per share on April 16. The influx of more than a billion dollars to Trump's wealth comes as he sits trial in Manhattan for 34 counts of falsifying business records. Donald Trump trial live updates: Latest from gag order arguments, David Pecker testimony Trump Media stock price At close on April 23, Trump Media & Technology Group Corp shares held stea Show less Read more
Impact Snapshot
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