Tag

Special Bonus

All articles tagged with #special bonus

business-finance1 year ago

"Trump Media Stock Plummets, Investors Face Losses and Uncertain Future"

Trump Media & Technology Group Corp. shares have plummeted, wiping out $4.5 billion in market value, but the special bonus for former President Donald Trump and corporate insiders remains intact as long as the stock stays above certain levels. The earnout, part of the startup’s blank-check deal, could result in a $1.3 billion payday for Trump and co-founders if the stock trades above $17.50 for 20 days out of a 30-day period over the next three years. However, the actual value of Trump Media is hotly debated, and the stock's behavior is influenced by non-rational factors. Trump is also embroiled in a lawsuit with co-founders and faces criminal trials as he campaigns to return to the White House.

business1 year ago

"Trump's Rollercoaster Ride: SPAC Payday, Property Value Surge, and Stock Losses"

Despite a $4.5 billion selloff in Trump Media & Technology Group Corp shares, former President Donald Trump and his corporate insiders are in line for a massive special bonus of 40 million new shares if the stock can recover. The earnouts, part of the startup’s blank-check deal, require the stock to trade above $17.50 for 20 days out of a 30-day period over the next three years. The value of the additional windfall has spiraled with shares tumbling, and the insiders are somewhat protected even if the shares keep falling. However, the actual value of Trump Media has been hotly debated given its financial performance, and Trump is embroiled in a lawsuit with two co-founders.