Donald Trump’s social media business will become publicly listed after shareholders of a blank-cheque company approved the deal, unlocking a potential $3bn windfall for the former US president as he seeks to cover massive legal liabilities.
Trump Media & Technology Group, the company behind his Truth Social site, will list on the Nasdaq exchange with the ticker symbol DJT, Trump’s initials, next week.
The vote comes at a crucial time for Trump, who is facing mounting legal bills ahead of what is expected to be the most expensive election campaign in US history.
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