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Share Classes Capitalization

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Whoops! Should stockholders have voted as separate classes on that charter amendment?

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What happened - A recent Delaware chancery court decision has called into question consolidated voting on charter amendments by some companies with multiple classes of common stock. In Garfield v. Boxed, Inc., the court...more

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FCA Primary Market Effectiveness Review

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Following on from the FCA’s consultation on the effectiveness of the Primary Market, the FCA has published final rules on, amongst other things, free float and minimum market capitalisation, which come into force on 3...more

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