Trump Social Media Company Faces Shareholder Vote on Going Public Despite Concerns Over Valuation and Lock-Up Provisions

Shareholders of Digital World Acquisition Corp. vote Friday on merging with Trump Media & Technology Group (TMTG), which runs Truth Social
If approved, TMTG stock could soon trade publicly. Trump would own over 58% of the combined company, potentially worth over $3B
Trump cannot sell his shares for at least 6 months due to a lock-up provision restricting major early investors
The board could potentially alter the lock-up provision down the line, but would need to show it benefits shareholders
TMTG expects to lose money for the foreseeable future and experts say its stock price is far above fundamental value, making it a risky investment