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Truth Social is going public
The company will begin trading on the Nasdaq under the symbol DJT.
Trump’s media company will begin trading on the Nasdaq under the symbol DJT as early as next week, The Associated Press reports. Trump owns nearly 79 million shares in the company, meaning the merger could give him a much-needed inflow of cash. But a so-called “lock-up” provision prevents him from selling any of his shares or using them as collateral of a loan for six months, though The New York Times notes that he can ask the board of the newly merged company to waive the rule for him.
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