Checkmate! - New Trump Announcement Changes Everything

Hey ladies and gentlemen, this is Carmine Sabia for Explain America, and just when Democrats

think they have all the answers, former President Donald Trump changes the questions

Before we get started, please make sure you like, comment, share, and subscribe

Those little things really help us out, and they help our channel continue to grow. So they got Trump's back against a wall here in New York

They got him against a wall, about a half a billion dollars he owes, and what happens

Well, the shareholders in Truth Social and Trump Media Group vote to take the company public

and it could mean anywhere from three to five billion dollars in Donald Trump's pockets

Right in his pockets. And that's got to be annoying the liberals so much. They're furious

I was watching CNN today, they're ready to pull their hair out of their heads. Crazy. Because he keeps winning. He keeps winning. Now this money's not going to be in time to help

him in New York. He's taking other legal avenues there to try and offset that for the time being

But again, you're trying to break this man, and you can't. Every time you knock him down

he rises every single time. It's got to be annoying. But for us, pretty satisfying

I want you to watch this report, and then let me know what you think. Please remember to like

comment, share, and subscribe. I'm Carmine Sabia for Explain America. We love you guys

God bless you. Take care, everybody. This is fascinating

John, it is fascinating. Donald Trump looks like he's on the verge of a massive financial

win. His social media baby, Truth Social, is finally about to go public. After years of legal

delays, shareholders are likely to greenlight a merger between Trump Media and a blank check

company called Digital World Acquisition. Now, if you look at a live look at that stock price

pre-market it is up three percent. The higher this stock goes, the richer Donald Trump is

at least on paper, because this deal calls for Donald Trump to own about 79 million shares of

the new company. So at these prices, we're talking about a stake that is worth more than $3 billion

that's huge, that is almost 10 times the bond that he's supposed to post by Monday in New York

Now, here's the bad news. It's not like Donald Trump can just take that stake. It's not like

it's sitting in Robin Hood account. He could sort of just tap a button and send it over to Letitia

James and the New York authorities. In fact, some experts are telling me that that stake is likely

less liquid than his real estate holdings for a few reasons. One, deals like this, they have

lockup restrictions. Insiders are basically agreeing not to immediately dump their stock as

soon as the ink is dry on the deal. Right. That's never a good look, but it's especially bad look

in this deal because Donald Trump isn't just the face of the company. He's arguably the product

itself. So experts say these restrictions would likely prevent him from selling or even borrowing

against this stock at least anytime soon. OK, but even if he got past that hurdle

this would be really hard to get