Debevoise Discusses Super Voting Preferred Stock
Reynolds Holding
APRIL 11, 2023
A public company’s certificate of incorporation generally grants the board of directors authority to issue “blank check” preferred stock up to the number authorized in the certificate of incorporation, on terms to be determined by the board. Nasdaq Rule 5640 and NYSE Rule 313.00 20% Rule Nasdaq Rule 5635(d) and NYSE Rule 312.03(c)
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