Tech companies are especially in the crosshairs of investors and regulators now on this and related issues affecting shareowners.
This is a heads up, especially, to Tech firm founders, C-Suite executives and board rooms and key insiders of all company sizes:
Powerful key capital market players don’t like to see IPOs coming to market now with dual- or multiple-class voting shares.
One of the big news items as we came into September 2017 here in New York was generated by S&P Dow Jones Indices — newly-public companies will be barred from some of the many indexes / indices / benchmarks that global investors use if the company (1) issues multiple classes of voting shares or (2) has a very small percentage of voting stock in the hands of non- restricted shareholders.
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