InvestorsHub Logo
icon url

Buellersback

01/26/24 1:41 PM

#5303 RE: WhiteOwl #5302

I am by no means an expert on this, but Investopedia is a good resource to answer your question(s) - see link below. From what I gather Class A shares typically provide more voting rights, but this is not always the case and it is up to the companies whether they give more rights for A, B, or C shares. Sounds subjective to me, so I'm not sure if Entrex's offer is for preferred shares, necessarily.

https://www.investopedia.com/terms/c/classashares.asp

Hope this helps!
icon url

Dspeer

01/26/24 3:07 PM

#5305 RE: WhiteOwl #5302

Looks like they are wanting to go to NASDAQ or a higher exchange. The offering looks to be for that, for, when it does happen.