Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?

  • 📰 AP
  • ⏱ Reading Time:
  • 13 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 51%

Donald Trump News

Corporate Management,Trump Media Technology Group,Business

Donald Trump has more than last night’s debate with Vice President Kamala Harris on his mind, as the former president can start selling shares of Truth Social’s parent company next week if he wants when a lockup provision ends. The first day that Trump can begin selling shares of Trump Media & Technology Group Corp.

Republican presidential nominee former President Donald Trump speaks to reporters in the spin room after a presidential debate with Democratic presidential nominee Vice President Kamala Harris, Tuesday, Sept. 10, 2024, in Philadelphia. with Vice President Kamala Harris on his mind, as the former president can start selling shares of Truth Social’s parent company next week if he wants when a lockup provision ends.

The first day that Trump can begin selling shares of Trump Media & Technology Group Corp., if he chooses to do so, is Sept. 19. A lockup provision generally prevents company insiders from selling newly issued shares for six months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stakeholder in Trump's Truth Social parent company wins court ruling over share transferA federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform.
Source: ksatnews - 🏆 442. / 53 Read more »

Stakeholder in Trump's Truth Social parent company wins court ruling over share transferA federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stakeholder in Trump’s Truth Social parent company wins court ruling over share transferDOVER, Del. (AP) — A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the
Source: Mynorthwest - 🏆 438. / 53 Read more »