Former President Donald Trump stands to get a windfall of $3.5 billion now that shareholders of Digital World Acquisition Corp. have approved a merger with his Truth Social on Friday. Trump Media & Technology Group will trade on the stock market under the stock ticker “DJT” as early as next week.
Trump will own nearly 79 million shares in the newly-merged company. The former president will not be able to cash in his stake until six months after the merger.
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