Compare Shareholder Rights Plans (SRPs, also known as Poison pills) with standard rights offerings used to raise additional equity. Share rights in a can only be exercised at maturity, unless the rights are explicitly triggered by the issuing firm. lna investors can sell shares at the exercise price to the firm. Share rights in a can be sold separately from the stock to other investors. is not democratic in the sense that not all existing shareholders can participate in the offering Compare Shareholder Rights Plans (SRPs, also known as Poison pills) with standard rights offerings used to raise additional equity. is not democratic in the sense that not all existing shareholders can participate in the offering