Nhe announced the purchase of the event late, sm issued it and deprived of his pension, accuse former Twitter shareholders Elon Musek. According to them, the richest of the planet was broken by the law, when they waited a long time for a public purchase of 9.2 percent of the company’s shares. According to the US Securities and Exchange Commission, it should have spoken at a time when its debt exceeded five percent. But Musk did not do that, and instead bought the shares for her price. After the public purchase, the price of the Twitter event increased by tens of percent.
The US suggests that investors announce the purchase of five percent of the company’s shares within ten days of the purchase. That would be in ppadMuskaby to 24. bezna.Muskvak published information and April 4, when it had a darkness of 9.2 percent. Shares of Twitter subsequently rose by 27 percent. Investors considered the Musk event to be a week on Twitter.
According to the shareholders, eMusk, which is the manufacturer of the Tesla electric car, made a well-known and false look and omitted when he did not announce his investment, as required by the accounts, by the 24th. Former shareholders, led by Mark Rasella, say that the public was allowed to buy more Twitter shares at lower prices, and they also drank pensions when they sold their shares at “artificial” prices. The application requires unspecified compensation and reimbursement of the code.
Rasella said that in the period from the 25th to the 29th of March, he sold 35 Twitter shares for $ 1,373 (31 thousand crowns), ie at an average price of $ 39.23 per share. The price of the stock rose to $ 49.97.
Musk spent $ 156 million on the buyer, he told the server Washington Post Professor of Economics at the University of Maryland David Kass. “I don’t know what was going through his head. Didn’t he know he was violating the securities bill, or did he realize it? ”Kass told the server. However, the one who bought the purchase for Muska had to make it clear, he added.
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Musk broke into Twitter with billions of dollars. Fans from him don’t have to
6. 4. 2022 ▪ 4 min ten
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Muskprvchch bought about 620,000 Twitter shares at the end of January for $ 36.83 per share. Subsequently, his case increased essentially every day and until April 1, the magazine said Time. He spent about $ 2.6 billion on his current account. That represents only a fraction of its assets, the value of which Forbes magazine estimated at $ 265.1 billion.
Twitter announced on April 5 that eMusks will become a member of its first board. This week, however, Muskud said he had decided not to join him. Since he will not become just a member of the board, I can buy shares without restrictions. If he became a member, he could only increase his share to 14.9 percent.
Some analysts believe that eMuskby could push Twitter for changes.
Musk started publishing polls on his twitter profile, after the information about the purchase of the event, thanks to which he showed the preferences of his fans. In one of them, he asked about the introduction of a long-term discussion on the possibility of retrospective adjustment of public contributions, with 74 percent of users saying that they would welcome this opportunity. On the same day, Twitter reported that it has been testing this feature since last year.
But Musk published several bizarre questions, which were more of a joke to me. For example, his followers asked if you should remove the letter “w” from the name Twitter, if the company should be turned into a homeless hostel. The bag was later deleted by the bag.
Musk is an active Twitter user. More than 80 million people have been watching this position since 2009. His contributions are often quoted in the fate and do not seem to be controversial. Sociln used several announcements, first of all about Tesla’s private transaction, which brought him under the control of the regulatory authorities. But so openly questioned Twitter’s commitment to freedom of speech and the First Amendment to the US states.
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