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What details must a company include in the press release disclosing its reliance upon the shareholder approval exception for an inducement grant?

April 26, 2017Approval COMPANY disclosing exception press release Reliance shareholder

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What details must a company include in the press release disclosing its reliance upon the shareholder approval exception for an inducement grant?

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A company is required to disclose the material terms of the inducement grant, including the recipient(s) of the grant and the number of shares involved.