The nonprofit will hold stock in the BPC. I think the effect of this is that the nonprofit board, which is independent of Altman, will be restricted from selli

The nonprofit will hold stock in the BPC. I think the effect of this is that the nonprofit board, which is independent of Altman, will be restricted from selling their shares. However the nonprofit will eventually convert from a public charity to a private foundation and will be required to give away a percentage of their assets every year. I'm not sure how that will work with a BPC.