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Dose anyone have a clear definition of 'beneficial' shares? This is associated with a company issuing 'beneficial'(not prefered) shares to aquire 51% ownership in a startup company.


Could you be referring to "beneficial ownership"?

So common shares could be "beneficial," ownership of more than 5% of the shares (I believe it is 10% for company officers) is the determination.

SEC (unclear reporting regulation)

Keith O'Malley

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