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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He cannot legally use the stock for personal trades until the lock-up period expires.[/quote]

Actually, I don't believe he can actually use the stock as surety.  He has to find one of the bond lenders, who will take the stock as collateral and will pay the bond amount to the escrow account.  It's essentially taking a loan to ensure that the appellant can pay the original penalty if they lose their appeal.

So far, 30+ lenders have refused to give him the bond because most will not take real estate as collateral for a bond over $100M.  Most of them also have similar policies for stocks as there is no guarantee that a stock (like real estate) will maintain its value through the end of a potentially long trial and appeal process.  In this case, the process could be quite long as after appeal to the NYS appeals court, it can go to the NYS Supreme Court and then whether Trump tries to get it to the SCOTUS in some manner.  So there is no guarantee how long the process will be and whether the Truth Social stock would maintain its value.  There is some argument to be made that if Trump loses his bid for the White House (again!) that Truth Social's value will plummet because his political career would essentially be over.

So, I think it is unlikely that any news about Truth Social is likely to have any effect on his capacity to acquire a bond for appeal.[/quote]

you cannot collateralize a locked equity[/quote]

That is correct you can not.

Is there. a mechanism for a waiver? I have never heard of that but someone mentioned it today. [/quote]

News reports have said the board of directors can waive it.  And the board is stacked with Trump flunkies so they likely will if asked.[/quote]

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