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  4. CytoDyn Inc (CYDY) Message Board

Here's an interesting statement regarding takeover

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Post# of 154253
(Total Views: 652)
Posted On: 07/22/2022 9:45:02 AM
Posted By: enemyofpluto
Re: Evil Rabbit #126754
Here's an interesting statement regarding takeover in the same section: "The issuance of authorized but unissued stock could be used to deter a potential takeover of the Company that may otherwise be beneficial to stockholders by diluting the shares held by a potential suitor or issuing shares to a stockholder that will vote in accordance with the Board’s desires. A takeover may be beneficial to independent stockholders because, among other factors, a potential suitor may offer such stockholders a premium for their shares of stock compared to the then-existing market price. The Company does not have any plans or proposals to adopt additional provisions or enter into agreements that may have material anti-takeover consequences."

I've never seen wording of this nature regarding shareholders being solicited. Does that seem odd to anybody?


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