Trump to Receive Over 36 Million Shares Worth $1.25 Billion from Trump Media & Technology Group
  • 6 days ago
Former President Donald Trump is set to receive up to 36 million additional shares in Trump Media & Technology Group, the parent company of Truth Social, worth over $1.25 billion at current prices. These shares are considered an "earnout bonus" set aside for Trump if the company's stock price met a minimum benchmark of $17.50 per share for 20 days within 30 trading days. With Trump Media's stock closing at $35.50 per share on Monday, the price benchmark appears to have been met, triggering the additional stock allocation to Trump.
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