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
https://www.ft.com/content/b7063e91-c94d-4dee-ba68-e1b60892588e
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.
@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.
@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