What this IPO does is it makes legal scholar Letitia look like a blooming nasty fool in trying to seize illiquid real estate assets to irreparably harm him that will take months or possibly a year to liquidate when there are now liquid security assets with a valuation far in excess of the judgement that can be converted to cash over a period of a few weeks. The appellate court, not Letitia or her running dog Judge Elgernon, will ultimately make the decision. At any rate, if the Board waives the 6 month delay requirement to sell the securities, he may not need to sell the securities and he can simply use them to collateralize the 450 million dollar appeal bond.
If he sells his shares he risks losing controlling interest (depending on how much he sells) so I do NOT think he’ll go that route.
the LAST thing anyone needs is someone else controlling TS and Trump’s voice. Been there, done that.