By CBSMiami.com Team

MIAMI (CBSMiami/AP) – Former President and Florida resident Donald Trump’s social media company will get tens of millions of special bonus shares in a new publicly traded entity if it performs well.

That would potentially hand the former president billions of dollars in paper wealth based on current stock prices.

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That is based on figures in a filing with security regulators on Tuesday.

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The document says Trump’s company will be able to exercise warrants convertible to as many as 40 million shares in a new public company over three years.

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That is on top of nearly 90 million shares granted to his company in the merger that was previously announced.

CBSMiami.com Team