Law Blog Category: Public Company
Multiple Classes of Stock and the Public Company
May 29, 2018 in Classes of Stock, Exchange Traded Funds (ETFs), IPO, Public Company, SEC, SEC Investor Alert
In March 2017, Snap Inc. completed its IPO, selling only non-voting Class A common shares to the investing public and beginning an ongoing discussion of the viability and morality of multiple classes of stock in the public company setting. No other company has gone public with non-voting stock on a U.S. exchange. Although Facebook and Read the full article…