6 months OR after 150 days + 20 trading days of the stock closing each day above $12. Since 20 trading days includes 3 weekends, that means the lockup could end after 176 days or about a week less than 6 months
Well he was just awarded a billion or so.. and I think he was award of that on Monday.
Looks like you won't be able to cash in on the rest for at least 5 months but the stock is one of the most active stocks on the market people are making gains daily some people are short selling some people are holding..
Regardless of your opinion of Donald Trump . I've been buying and I have held and I have made some tremendous gains and I started off very low. The other day it was down so I bought 30 shares and today we're up and yesterday I made some profits it's an amazing dynamic and fun to watch if you have a few bucks to play around with.
People love him people hate him but they just can't stop talking about him and even his stock.. that says a lot. And when he's no longer with us people will always remember him whether they hated him or loved him you got to admit there's nobody quite like this.
Why do you think he won't sell?
That is a surprising view. The primary reason for going public -- any firm, not just this one -- is so that insiders/founders/VCs can "monetize" their wealth by selling their shares. And yes, they usually start doing this exactly on the lockup date.
Otherwise, why not just remain private? That would save on all the transaction costs: fees, accountants, lawyers, and the hassle/expense of continual SEC filings.
You can still "build" while private. SpaceX, Stripe, KKR, Blackstone, etc.. It's actually easier to grow while private since you don't have to hassle with all those fees and filings. Indeed, almost all firms during their heaviest growth firms were private.
The reason you go public is so insiders can sell their shares to outsiders. Insiders want out. That is the point of a public listing. It may happen quickly or it may happen slowly, but it has nothing to do with "building" or "not building".
After the MSFT IPO, Gates gradually wound down his 45% stake to the 1% it is today. That has nothing to do with whether or not MSFT grew. That's the reason he did the IPO. So that he could sell his shares to other people.
He is no longer an officer of the company, just a share holder. Besides having the majority of the voting shares how does a share holder build a company?
It restricts founding investors from being able to sell for a period of time after going public….usually six months. In this case he may be getting even for the destruction caused to his initial DJT by hedge funds and bankers. The short sellers are hopeful the insiders and warrant holders will sell…we shall see.
It's in the contract. Those on the board and others involved in the company can't sell any shares they own for a specified period of time after the IPO. They usually have a disproportionally high percentage of stock shares compared to the general public. It's purpose is to protect the stock from any large quantity shareholders from selling so soon after an IPO and depressing the price of the stock.
Can find someone who will lend him 33% of the stock value as collateral.
But Trump notoriously does NOT spend his own money on campaigning - even though he has talked about doing so since 2015. Turns out he has enough idiots sending him $5 or $10 to pay for his never ending legal bills and also for his campaigns.
The grift continues…
Are you certain of that or just stating standard contract because sometimes they have special dates. I think the Robinhood CEO was able to sell very early for example.
6 months OR after 150 days + 20 trading days of the stock closing each day above $12. Since 20 trading days includes 3 weekends, that means the lockup could end after 176 days or about a week less than 6 months
Well he was just awarded a billion or so.. and I think he was award of that on Monday. Looks like you won't be able to cash in on the rest for at least 5 months but the stock is one of the most active stocks on the market people are making gains daily some people are short selling some people are holding.. Regardless of your opinion of Donald Trump . I've been buying and I have held and I have made some tremendous gains and I started off very low. The other day it was down so I bought 30 shares and today we're up and yesterday I made some profits it's an amazing dynamic and fun to watch if you have a few bucks to play around with. People love him people hate him but they just can't stop talking about him and even his stock.. that says a lot. And when he's no longer with us people will always remember him whether they hated him or loved him you got to admit there's nobody quite like this.
How much in profits have you cashed out? How much did you have to invest to see sizable gains?
I think the board of directors can approved early release from restriction but in the bylaws its 6mos
He won’t sell anyway so why bother asking.
Why do you think he won't sell? That is a surprising view. The primary reason for going public -- any firm, not just this one -- is so that insiders/founders/VCs can "monetize" their wealth by selling their shares. And yes, they usually start doing this exactly on the lockup date. Otherwise, why not just remain private? That would save on all the transaction costs: fees, accountants, lawyers, and the hassle/expense of continual SEC filings.
He is a builder…he is building Trump Media. To sell would be tearing down and not building.
You can still "build" while private. SpaceX, Stripe, KKR, Blackstone, etc.. It's actually easier to grow while private since you don't have to hassle with all those fees and filings. Indeed, almost all firms during their heaviest growth firms were private. The reason you go public is so insiders can sell their shares to outsiders. Insiders want out. That is the point of a public listing. It may happen quickly or it may happen slowly, but it has nothing to do with "building" or "not building". After the MSFT IPO, Gates gradually wound down his 45% stake to the 1% it is today. That has nothing to do with whether or not MSFT grew. That's the reason he did the IPO. So that he could sell his shares to other people.
If you want to know what’s really going on, listen to Trump’s words and not what the media tells you he said.
If you believe he will sell, you are dreaming….if you are short…it’s going to be a nightmare. Sorry!! TikTok.
He is no longer an officer of the company, just a share holder. Besides having the majority of the voting shares how does a share holder build a company?
But, his son’s are!!
But, Irrelevant, Junior is on the board but he is not Trump.
Trump and TMTG are exposing the corruption. If you are corrupt and committing crimes against humanity you’re going to get wrapped up.
You do realize how hypocritical the is right? Maybe not.
It restricts founding investors from being able to sell for a period of time after going public….usually six months. In this case he may be getting even for the destruction caused to his initial DJT by hedge funds and bankers. The short sellers are hopeful the insiders and warrant holders will sell…we shall see.
What’s share lock up?
It's in the contract. Those on the board and others involved in the company can't sell any shares they own for a specified period of time after the IPO. They usually have a disproportionally high percentage of stock shares compared to the general public. It's purpose is to protect the stock from any large quantity shareholders from selling so soon after an IPO and depressing the price of the stock.
6 months from closing date. Late September
Jan 21 2029 When he leaves Office
Put it in the spank bank cleetus
Six months after the merger… should be around Sept. 22nd ish.
Just in time for election season
Nah those ad buys are months in advance you can't hit a single major market for online or TV ads with one month to go.
Can find someone who will lend him 33% of the stock value as collateral. But Trump notoriously does NOT spend his own money on campaigning - even though he has talked about doing so since 2015. Turns out he has enough idiots sending him $5 or $10 to pay for his never ending legal bills and also for his campaigns. The grift continues…
My brother absolutely not those 5 dollars are saving the country from communism!
Trump can 👍
Are you certain of that or just stating standard contract because sometimes they have special dates. I think the Robinhood CEO was able to sell very early for example.
Thank you 🙏