Truth Social going public?

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (30)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

Would this end up bailing Trump out of all his cash-strapped woes? Could he use this as collateral that a lender would be happy with? I guess the stock could tank after going public which would still be a huge risk.

businessinsider.com - Trump truth social merger going public stock value

Former President Donald Trump's Truth Social is set to become part of a publicly traded company after a long-delayed merger was finally approved.

On Friday, a shell company created solely to buy Truth Social's parent company, Trump Media & Technology Group, approved the merger, according to The New York Times.

Trump might make billions from Truth Social just as he's most in need of cash

How NY's Judge Engoron is tightening the leash on Trump ahead of looming Truth Social merger and fraud judgement deadline

Former 'apprentices' and Trump Media cofounders file lawsuit claiming company execs tried to dilute their stake ahead of a potential merger

Trump's net worth will jump more than $3 billion from the deal, based on his large stake in the social media platform he helped create in the wake of his post-January 6, 2021 Capitol riot bans on mainstream platforms.

But Trump won't be able to sell his shares for at least six months unless the company's board waives a previous lockup agreement. There are also ongoing lawsuits between shareholders that could complicate the company's future.

If Trump wants to access his money sooner, he'll need the company's new board to sign off. That may not be a problem, as The Washington Post pointed out, the board will be stacked with Trump's allies.

Post New | Post Reply | Report Post | Recommend It!

Print the post Share: X · FacebookFB · LinkedInLI · WhatsAppWApp · Email

Members reply directly to g0177325 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »

This community has written 84,309 posts about US Policy. The article-length ones it recommended most:

It's going to get worse · 33 recs · 2025

G’day Donny · 30 recs · 2026

Old Related Story · 28 recs · 2026

HCR is a national treasure · 27 recs · 2025

Fascism in America · 27 recs · 2025

Unthreaded | Threaded | Whole Thread (30)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website The Motley Fool (TMF) in any way. The Shrewd community here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.