(Total Views: 581)
Posted On: 08/28/2021 8:09:14 AM
Post# of 153957
Quote:
How exactly are you proposing any hypothetical preferred shareholders "use their rights" to "do a cramdown"?
Preferred class B, C and D have no voting rights. The best way for those shareholders to use that power is to impotently shake their fists in the air.
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