Looks like the shareholders approved the IPO this morn and DJT will start trading next week
https://www.cnbc.com/2024/03/22/trump-could-net-3-billion-from-dwac-social-media-merger-vote.html
More importantly, a good chance the board will waive the 6 month delay requirement for Trump to sell his shares so he can raise the money he needs to untie himself from Letitia’s lawfare railroad tracks
“It is possible that the board of directors could vote to allow Trump to sell shares earlier than that. And that board could be stocked with people close to Trump, including his son Donald Trump Jr., former wrestling company executive Linda McMahon, and Trump’s former trade representative Robert Lighthizer, according to a list of planned nominees.”
He’s not going to sell his shares. These people are crooks and not at all bright.
It seems unlikely the Board will waive any cool-down requirements before selling shares. Trump’s own legal fights could have an unanticipated impact on the share price, and the 4 “founders” are all suing and counter-suing each other over the ownership distribution language.