World

Amid Legal Challenges, Donald Trump Set to Pocket $1.2 Billion: Here’s How

Former US President Donald Trump is poised to see a windfall of $1.2 billion through an earnout bonus from Trump Media & Technology Group. This substantial gain is contingent upon the company’s stock performance, with Trump standing to receive 36 million additional shares if the trading threshold remains above $17.50 per share for a specified period.

Despite the potential financial boost, Trump and other company executives will be subject to a lockup period, preventing them from selling the millions of shares allocated to them. The former president’s current valuation is estimated to reach $1.2 billion if the stock tags, DJT, maintain their proposed levels, closing at $32.56 per share.

However, Trump Media has faced challenges since going public, experiencing fluctuations in its stock price. CEO Devin Nunes has raised concerns about potential stock manipulation, attributing the company’s performance swings to illicit short-selling tactics.

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Trump Media’s investor base primarily consists of individual supporters, with Nunes, emphasizing the absence of institutional investors and Wall Street involvement. Approximately 600,000 retail investors have shown support for the company.

In response to market volatility, Trump Media has taken measures to protect its investors, guiding long-term shareholders on preventing their shares from being used in short sales. While acknowledging the legality of short selling, the company aims to safeguard those who believe in its long-term prospects by offering advice on opting out of securities lending programs and avoiding margin accounts.

Investor confidence in Trump Media has been bolstered by the company’s efforts to protect against the instability seen in “meme” stocks like Gamestop, with a focus on the collective votes of the investor group and the vulnerabilities of the stock market.

Srushti Sharma

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