Legal Question in Business Law in New York
if a controlling shareholder of a NASDAQ listed company wants to sell shares to an independent third party (which is a private company and not listed), is there any restrictions on the percentage of shareholdings or number of shares he can sell (for example, he can only sell 10%)? Is there any general rules/ regulations in relation to sell of shares by a controlling shareholder of a NASDAQ listed company?
Asked on 10/06/23, 11:54 am
1 Answer from Attorneys
Richard Bryan
Richard Bryan Attorney PC
Sorry this isn't the type of question you can get an answer to over the internet.
Good luck.
Answered on 10/10/23, 4:28 pm
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