Having closed the merger of his social media company, Mr. Trump could find ways to raise cash against the value of his stake in the company, estimated at more than $3 billion.
I don’t know if he can leverage it, as iirc I read that per the terms of this merger the major shareholders can’t divest until 6 months after closing. But he’s only got until Monday to pay and he now has to give the court advance notice about any efforts he’s making to get the bond. So he’s running out of time.
I don’t know if he can leverage it, as iirc I read that per the terms of this merger the major shareholders can’t divest until 6 months after closing. But he’s only got until Monday to pay and he now has to give the court advance notice about any efforts he’s making to get the bond. So he’s running out of time.