Trump Media Merger Vote Nears Despite Legal Issues

• Donald Trump's wealth set to increase by over $3 billion if shareholders approve plan to take his Trump Media business public • Trump Media operates Truth Social tech platform and plans to merge with Digital World Acquisition special purpose acquisition company (SPAC) • Shareholder vote on merger scheduled for Friday, but complications as Digital World sues sponsor trying to delay deal • If deal goes through, Trump can't sell his nearly 79 million shares for 6 months due to clause blocking major shareholders from selling right away • Trump Media lost $31.6 million since 2021 launch; stock price boosted by meme status, but depends on maintaining support post-listing