Jun. 27 at 6:50 PM
Interesting share structure. 5.3m shares of Class A common (
$TAIT ) and 762k shares of Class B, the latter all owned by the CEO. The sole difference seems to be that Class B gets 10x voting rights, meaning that all shareholder votes are controlled by him.
Each Class B is convertible into one share of Class A, which is a nice way to make this vote-controlling stock disappear once it's no longer needed.
Not bad, just unusual.