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What changed 10-K
Item 5. Market for Registrant’s Common Equity
2022-03-25 compared with 2021-04-01 · 2 added, 1 removed, 16 unchanged (16% of the section changed)
5 unchanged sentences
In addition, our Articles of Incorporation authorize the Board to issue up to 5,000,000 shares of preferred stock.
−Removed: The provisions in the Articles of Incorporation relating to the preferred stock allow directors to issue preferred stock with multiple votes per share and dividend rights, which would have priority over any dividends paid with respect to the holders of common stock.
+Added: The provisions in the Articles of Incorporation relating to the preferred stock allow directors to issue preferred stock with multiple votes per share and dividend rights, which would have priority over
+Added: any dividends paid with respect to the holders of common stock.
The issuance of preferred stock with these rights may make the removal of management difficult even if the removal would be considered beneficial to stockholders, generally, and will have the effect of limiting stockholder participation in certain transactions such as mergers or tender offers if these transactions are not favored by management.
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.