4 ms·
Delaware corporations cannot transition to a dual-class stock structure post-IPO.
by rfw300 3y ago
Delaware corporations cannot transition to a dual-class stock structure post-IPO.
- HWR_14 3y agoThank you. I was unaware of that. It still seems like there may be creative options that costs less than $86 billion.
- foepys 3y agoIf that's true, then it's just a plot to let Tesla's shareholders pay for his Twitter shenanigans?
- HappySweeney 3y agoThis is exactly it, also a way to get out from under the Saudis.
- nocoiner 3y agoIs that a statutory restriction (or an NYSE/NASDAQ rule?), or just the practical impossibility of getting a charter amendment?