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Stock impact report

Trump Set for Another $1.3 Billion in Shares He Can't Sell Yet [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
certain targets to his present windfall from the merger, yet he remains unable to cash any of it in. Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Trump Has Only $6.8 Million for Legal Fees With Trial Underway Zimbabwe's ZiG Wipes Out 330% Stocks Rally Russians Transform Dubai as They Flee Putin's War: Photo Essay Sea Billionaire's Wife to Buy Singapore Mansion for $31 Million 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 as soon as today's close after fulfilling terms related to a so-called earnout. With 36 million of the additional shares earmarked for Trump — which would bring his total position to nearly 115 million shares and bump his holdings to roughly 65% — his stake in the Truth Social parent would be worth $4.1 billion based on Monday's closing price. Not only does the figure mark a steep decline from the $6.3 Show less Read more
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