He might have an extra $4 billion soon
by Nyirish08 (2024-02-16 15:54:44)

In reply to: Trump fined $355 million in fraud case (link)  posted by sprack

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The approval is a victory for Trump, who will hold more than 78 million shares in the post-merger company, a filing shows — a stake that, at current prices, would be worth nearly $4 billion. Trump, who would own between 58 and 69 percent of the company, and other investors could earn tens of millions more shares through a provision, known as an “earnout,” tied to the stock’s performance, a filing said.



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