I stopped at "Our Capital Structure" section. When it says "Class F stock" gets 50.1% voting power, doesn't it in practice make all other classes are non-voting, not just the "Class N"?
Edit: the risks sections feel like California's Prop-65 disclaimers
> Our results of operations may also fluctuate due to a variety of additional factors:
> - the number of employees hired
> - declines in the values of foreign currencies relative to the U.S. dollar
That huge list feels completely random. Are all S-1 that bad? They can be punished for omission, so they list everything that could happen even if doesn't really make any sense?
alt Hacker News
I stopped at "Our Capital Structure" section. When it says "Class F stock" gets 50.1% voting power, doesn't it in practice make all other classes are non-voting, not just the "Class N"?
Edit: the risks sections feel like California's Prop-65 disclaimers
> Our results of operations may also fluctuate due to a variety of additional factors:
> - the number of employees hired
> - declines in the values of foreign currencies relative to the U.S. dollar
That huge list feels completely random. Are all S-1 that bad? They can be punished for omission, so they list everything that could happen even if doesn't really make any sense?