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Donald Trump unlocks potential $3bn windfall after social media Spac deal

Company behind Truth Social site will list on Nasdaq with the ticker symbol DJT next week

ft.com/content/b7063e91-c94d-4

Shareholders of his Truth Social platform have voted to take the company public

research firm Similarweb estimates that Truth Social had roughly 5 million active users in February of this year — including mobile users as well as website visitors.

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@ecksmc "The former president is subject to a lock-up agreement that prevents him from selling his shares for six months"

Not much help to him now unless a lender is willing to accept them as collateral, assuming that's legal.

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@Coctaanatis having his son, Don JR, on the board along with others from his WH Admin i see the sale of his shares happening before the 6mths lockdown period

he could get a workaround via them

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