![]() ![]() ![]() Xu, Fang, and Tang exercise or vest in equity awards outstanding at the time of the completion of this offering. Xu, Fang, and Tang will collectively hold approximately 69% of the voting power of our outstanding capital stock, which voting power may increase over time as Upon completion of this offering, Messrs. Who are all current executives and directors. Upon the completion of this offering, all shares of Class B common stock will be held by Tony Xu, Andy Fang, and Stanley Tang, or our Co-Founders, Upon the completion of this offering, no shares of Class C common stock will be issued and outstanding. ![]() Shares of Class C common stock have no voting rights, except as otherwise required by law,Īnd will convert into Class A common stock, on a share-for-share basis, following the conversion or exchange of all outstanding shares of Class B common stock into shares of Class A common stock and upon the date or time specified by the holders ofĪ majority of the outstanding shares of Class A common stock voting as a separate class. Each share of Class B common stock is entitled to 20 votes per share and is convertible at any time into one share of Class A common stock. Each share of Class A common stock is entitled to one The rights of the holders of Class A common stock, Class B common stock, and Class C common stock are identical, except with respect to voting and conversion. We have three classes of authorized common stock, Class A common stock, Class B common Offering of shares of Class A common stock of DoorDash, Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |