- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
CLASSIFIED STOCK
A typical approach is for a company to issue Class A stock (to build equity capital); while vesting voting rights in Class B stock (which is retained by management and/or founders). The practice is usually confined to promotional ventures. Plus, very few publicly-held companies have classified stock as part of their capitalization.
see private offering
Feel free to use it throughout your financial/insurance life.
Sincerely,
www.FroogleMe.com