Neither California nor Nevada require that a corporation have either a "lead independent director" or "presiding director" and yet many corporations state that they have such a position. Why?
"Lead Independent Director" Or "Presiding Director"?
Posted on August 31, 2017
Qualification Of Offers And Sales Of Non-Voting Common Stock Is No Snap In California
Posted on May 02, 2017
In March, Snap Inc. announced that it and the selling stockholders had sold of 230 million shares of Class A Common Stock to the public at an initial public offering price of $17.00 per share. The gross proceeds of the offering to the company and...