Donald Trump is about to see his fortune grow by $1.2 billion. The former U.S. president is set to receive a so-called earnout bonus of 36 million shares in his newly public company, Trump Media ...
The agreement, which had three benchmarks set over 36 months, allowed the shares to be awarded in 9 million share increments.
The company, which owns the Truth Social app, has seen its share price increase by more than 50% in the past week.
Trump Media shares fell 9% ahead of an expected earnout bonus for former President Donald Trump. Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes ...
Trump Media's stock price dropped on Friday after its auditor was accused of "massive fraud." The auditor BF Borgers did not comply with common accounting standards, the SEC said. Shares of the media ...