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Good4boothee • today at 1:56 PM • 1 reply • view on HN

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?


Replies

bix6 • today at 1:57 PM

You can vote but on what I don’t know since the trust elects the board lol