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Existing shareholders: a.May or may not have a preemptive right to newly issued shares. b.Can maintain their proportional ownership positions without exercising their rights. c.Must
Existing shareholders:
a.May or may not have a preemptive right to newly issued shares.
b.Can maintain their proportional ownership positions without exercising their rights.
c.Must purchase new shares whenever rights are issued. Are prohibited from selling their rights.
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