Define: Class B Common Stock
What does "Class B Common Stock" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (DoorDash, Inc., seen in 1 filing)
Class B Common Stock means Class B Common Stock, par value $0.00001 per share, entitling holders to twenty (20) votes for each share thereof held.
Source: DoorDash, Inc. S-1
Definition 2 (AST SpaceMobile, Inc., seen in 1 filing)
Class B Common Stock means the Class B Common Stock, par value $0.0001 per share, of the Company.
Source: AST SpaceMobile, Inc. 8-K
Data extracted from 4 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.