Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How do shares of Common Shares vote since the distribution of the Special Common Shares?

0
Posted

How do shares of Common Shares vote since the distribution of the Special Common Shares?

0

Holders of Common Shares (with one vote per share) vote together with holders of Special Common Shares (with one vote per share) in the election of 25 percent of the directors plus one director (or four of the twelve present directors). The holders of Series A Common Shares and Preferred Shares, voting as a group, will elect the remaining directors (eight out of 12 directors) who are not elected by the holders of Special Common Shares and Common Shares.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123