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The newly merged company that's set to go public, Trump Media, will be listed on the Nasdaq stock exchange with the letters DJT, Trump's initials. In the initial public offering, the company raised $140 million, selling 10 million shares at $14 each. He also used company cash to buy Trump-branded merchandise, including $1.2 million on Trump Ice bottled water, the report said. Under the merged company, Trump would have nearly 80 million shares, worth around $3 billion. It's unclear when exactly Trump would be able to cash in on the upcoming listing for his social media company.
Persons: Ina, Revel, Wayne Parry, Donald Trump's, Trump, Jean Carroll's, Letitia James, doesn't, James, Donald Trump Jr, — CNBC's Dan Mangan Organizations: Taj, Atlantic City, Trump, Casino Resorts —, Trump Media, Nasdaq, Trump Hotels, Casino Resorts, New York Times, New York Stock Exchange, CNBC, The Washington Post, Social, Shareholders, Corp, Trump Media & Technology Group, New York Locations: Atlantic City, Washington, Atlantic City , New Jersey,
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