The company decides who can be granted depositary receipts. There are for instance companies on our platform which have chosen to provide depositary receipts to contractors or suppliers as well!
Find out more.If a drag along is stipulated and a major shareholder wants to sell their shares, minor shareholders can be obligated to sell as well. This way all shares can be sold to one buyer under the same conditions. It is used to protect the major shareholder, because buyers often don’t want to work with minor shareholders. This way it is easier for the major shareholder to transfer their shares.
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/invest
Read moreJust 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.
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