Former President Donald Trump's potential return to the stock market is generating significant interest as shareholders of Digital World Acquisition Corp. are set to vote on a merger with Trump Media & Technology Group, the company behind the social networking site Truth Social. If approved, this move would pave the way for Trump Media to trade on the Nasdaq stock market, with Trump poised to own a substantial portion of the combined company.
With Trump holding nearly 79 million shares, valued at over $3 billion based on Digital World's current stock price, the merger could result in a substantial payout for the former president. However, a 'lock-up' provision would prevent Trump from immediately cashing out his stake, requiring insiders to hold onto their shares for six months post-merger.
