This is how Donald Trump may get $3 billion to cover his legal expenses.

Truth Social, the social media company of former President Donald Trump, is set to launch amid his legal troubles.

The Trump Media & Technology Group, the parent of Truth Social, may begin trading on the stock exchange by Monday, potentially increasing former President Donald Trump’s wealth by over $3 billion, potentially to fund legal complaints and further political ambitions.

Former president appears in court after a judge ordered him to pay $454 million in a New York City fraud case for inflating property values on banks.

Trump has appealed to the appeals court, seeking to halt the judgment until a verdict is reached or receive a lowered bond acknowledging his financial strain, as he spent $50 million clearing his legal bills last year.

Trump Media’s public debut with Digital World Acquisition Corporation marks the alpha and omega of its merger, following years of regulatory shuffles and lawyer visits. The merger, which requires shareholder approval by August 3, also includes a lockup provision for shareholders who cannot sell their shares, a practice common among many companies to maintain price stability and investor confidence.

The prohibitions on Trump Media’s shares may be exploited by businesses due to the incumbent’s significant involvement. They may apply for exemptions from the Board Digital World or use methods like transmitting shares or presenting them to family members. The Trump Media board’s composition, including administration officials or Trump Jr., may approve such requests.

Trump Media is set to begin trading with 79 million shares, valued at over $3 billion, following shareholder approval. However, the company’s substantial losses and modest advertising revenue raise market performance concerns.

Digital World’s shareholders, primarily individual investors, will transition to Trump Media stock after the merger, many of whom have been vocal Trump supporters on Truth Social.

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