If they had to have a vote on the raising of the A/S regardless if the company has a majority vote, wouldn't the shareholders get to vote regardless? A vote isn't a vote unless you have a tally.
I'm sorry if this is something that is common knowledge. If I don't know, I ask.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.