Meta Announces the Launch of a New Class of Class C Ordinary Shares
2026-10-22 04:48:29
According to CoinMeta, Meta has announced that it will launch a new class of Class C ordinary shares on January 19, 2027. The newly added Class C shares will be publicly listed and do not carry voting rights. Each shareholder will receive one Class C share for each Class A or Class B share they hold, which is essentially equivalent to a 2:1 stock split. The issuance of these new shares is aimed at financing investments in artificial intelligence, acquisitions, and employee compensation. This structure will preserve Zuckerberg's control and the voting rights of existing shareholders. It is expected that the Class C shares will be listed on NASDAQ.
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