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The Man With No Name

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The Man With No Name

Re: Donotunderstand post# 777405

Monday, 12/11/2023 11:21:09 AM

Monday, December 11, 2023 11:21:09 AM

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but if for JPS it is accurate that the GOV needs a 2/3 vote --- how does that happen if SP/LP dilutes common massively - why would JPS holders vote their own massive dilution



Simple, they wouldn't. They would know the final proposed capital structure and their vote would be contingent on receiving a certain percentage of the Newco commons.
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