Pre-emptive right
The right of existing shareholders to buy new shares in proportion to their holding.
When the metric lies
It must be exercised within a limited window; missing it means dilution.
Also known as: pre-emptive right, subscription right
The right of existing shareholders to buy new shares in proportion to their holding.
It must be exercised within a limited window; missing it means dilution.
Also known as: pre-emptive right, subscription right