About Corporations

Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.

How a Dual Class Share Structure Affects Shareholder Voting Rights By Brett Melson Monday, January 4, 2021 In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
Get a Digital Stock Ledger for Your Delaware Corporation By Rick Bell Monday, October 5, 2020 We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced... Read More
Recorded Webinar: Delaware Corporation Basics By Michael Kupfer Monday, September 28, 2020 This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats... Read More
Change Your Company’s Number of Authorized Shares By Devin Scott Monday, September 14, 2020 change your company's number of authorized sharesThe number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
How to Run a Shareholder Meeting By Jeremy Reed Tuesday, April 7, 2020 how to run a shareholder meetingDelaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation... Read More
Delaware Blank Check Preferred Stock By Rick Bell Tuesday, January 21, 2020 delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
How to Remove an Officer in a Delaware Corporation By Brett Melson Monday, January 20, 2020 officersThe steps to remove an officer are fairly straightforward. First, you want to review your Certificate of Incorporation and bylaws. Any process that addresses removing officers is likely included in the bylaws. Second, you will also need to review the officer’s employment agreement, the terms of any equity incentive grants (e.g., options, warrants, etc.), and any other agreements with or relating to the officer’s employment or duties to determine whether any notice, timing, cash-out, or acceleration provisions, among others, may affect the process... Read More
Owning Stock and Being a Shareholder in a Corporation By Brett Melson Monday, December 16, 2019 what does it mean to be a shareholder in a corporationA shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More
How Important is Corporate Indemnification? By Brett Melson Tuesday, April 16, 2019 what does Corporate Indemnification meanIn a corporation, the scope of indemnification can vary, depending upon the terms of the corporation’s charter and bylaws, but only within certain parameters prescribed by the Delaware corporate law and judicial precedent... Read More
Authorizing Shares for Your Delaware Corporation By Paul Sponaugle Tuesday, November 13, 2018 authorizing shares for your delaware corporationNow that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?".. Read More