Titan NRG (TTNN)

[reppoC]

If a company's financial health is good and its assets sufficient, it can create capital by voting to issue additional shares of common stock.

Class A shres have a different purpose.

Class A shares refer to a classification of common stock that was traditionally accompanied by more voting rights than Class B shares.
Traditional Class A shares are not sold to the public and also can't be traded by the holders of the shares.
Traditional Class A shares are only one type of Class A share, and companies are free to structure themselves differently.

Understanding Class A Shares
Class A shares can be used to provide a company's management team with voting power in a volatile public market. Suppose these shares carry a higher amount of votes per share. That helps keep control of the company in the hands of senior management, C-level executives, and the board of directors. If multiple share classes did not exist, it would be easier for an outside investor to obtain enough shares to take control of a company. The existence of Class A shares with extra voting power ensures a hostile situation like that cannot happen.

Additionally, traditional Class A shares often provide enhanced benefits to the holder of the shares. These benefits include dividend priority and liquidation preferences, in addition to increased voting rights. That means people who own traditional Class A shares of a company are paid first when the company distributes dividends. They are also paid first in the event of an exit.