{"data":{"formula":"open = norm.open * R  (R relative to TRUMPD unit = 1.0)","never_uses_live_last":true,"norm":{"symbol":"TRUMPD","open":10,"market_cap":10000000,"outstanding_shares":1000000,"locked":true,"locked_at":"2026-09-12T23:00:36Z","source":"trumpd_ipo","note":"Locked at TRUMPD desk IPO open Ƀ10.0000 — permanent unit for future IPOs; never live last","never_uses_live_last":true},"note":"After TRUMPD desk IPO (dual IPO 11.11.2026), norm.open is frozen at that IPO open. Subsequent TRUMPD tape moves do not reprice future IPOs.","version":"mcap-1.5"}}