The document discusses the implications of being a 'controlled company' under NASDAQ Global Select Market listing requirements, allowing the company to opt out of certain governance rules. It highlights potential conflicts of interest with the Sponsor and provisions in the charter documents and Delaware law that could delay or prevent acquisitions, affecting stockholder influence and stock price.
documents/vol00010-efta01366524-pdf.pdf
{"document_type":"legal","key_locations":["Delaware"],"document_subtype":"corporate governance","key_organizations":["NASDAQ Global Select Market"],"reference_numbers":["DB-SDNY-0058052","SDNY_GM_00204236","EFTA01366524"]}