TokenPost topic
Corporate Governance
33 TokenPost stories are tagged Corporate Governance. The newest appear first.
Latest Corporate Governance stories
- Nvidia Shares Slip Below $180 as Board Investigates CEO Jensen Huang
The stock fell 4.74% to $177.80 in premarket trading Monday, $8.84 below Friday’s close.
· Investing
- Nvidia CEO Jensen Huang Admits Infidelity as Nasdaq Futures Briefly Fall 1%
Nasdaq futures briefly recovered before falling 0.5% by 7 p.m. ET; Nvidia's board opened an independent review and plans to hire outside lawyers.
· Business
- Google Executive Donald Harrison Resigns From SpaceX Board
SpaceX disclosed the resignation in a Nov. 6 filing and said it was not prompted by a disagreement over company operations, policies or practices.
· Business
- Nvidia Shares Fall More Than 2% After Huang Apologizes to Staff
The board said it will hire outside lawyers for an independent investigation. Nvidia said Huang will continue as CEO without interruption.
· Business
- Investor Reduces Tesla and SpaceX Stakes
The investor was not identified, and the report gave no amount or timing for the reductions. Independent committees at both companies are evaluating a possible merger, but no formal terms have been announced.
· Business
- Cloudflare’s Request for Delaware Supreme Court Review Remains Pending
A Nov. 3 recommendation raised two questions about director good faith, while an Oct. 16 injunction continues to bar the restructuring during stockholder litigation.
· Regulation
- Anthony Scaramucci Joins BNB Standard Board as Independent Director
The Nov. 3 appointment lifts the board from six to seven and fulfills part of a cooperation agreement with YZiLabs Management Ltd.
· People
- Eagle Pharmaceuticals Extends Stockholder Rights Plan Through 2027
The plan’s rights may be triggered at 10% beneficial ownership, or 15% for covered passive institutional investors.
· Business
- Anthropic IPO Filing Details 50.1% Voting Block for Seven Founders
Founder LLC would hold one Class F share, while Class A shareholders would have one vote per share but could not sway director elections.
· Business
- Anthropic Founding Team Holds 50.1% of Voting Power on Ordinary Matters
A long-term benefit trust has authority over appointments and removals for a majority of directors.
· Business
- Anthropic Plans Class T Stock for Directors as Infrastructure Costs Grow
Anthropic expects computing costs to keep rising and plans up to $114.5 billion in spending with Google through 2033.
· Business
- Anthropic Files S-1, Details Five Share Classes and Voting Rights
Customers contributing at least $100,000 in the year through Sept. 30 included more than half of the Fortune Global 500; the filing also details an October 2025 share buyback.
· Business
- Glass Lewis Backs Effort to Replace All Five Ethan Allen Directors
Activist investor Doug Bergeron's campaign targets the entire board, including Chief Executive Farooq Kathwari, at the furniture maker's Nov. 4 annual meeting.
· Business
- Tesla and SpaceX Discuss Merger That Could Create $3.5 Trillion Company
Elon Musk confirmed discussions, and both companies have formed committees to examine a potential deal. No final agreement has been announced.
· Business
- Meta's Class C Plan Gives Zuckerberg a Way to Sell Shares
He can sell up to 20% immediately; his eight-year residence commitment applies while he meets full-time service terms, unless material unforeseen circumstances make a move advisable.
· Business
- EdgePoint Held 17.57% of Mattel Shares as of June 30
Mattel announced Lee Matheson’s board appointment on Oct. 21 under a cooperation agreement covering voting, standstill and confidentiality terms.
· Business
- Mattel Appoints EdgePoint Partner Lee Matheson to Board Under Agreement
EdgePoint manages an approximately 18% stake in Mattel. Separately, Southeastern Asset Management, Inc. has urged the toy maker to explore a sale.
· Business
- Bastion Trading Presses SkyAI Over Full Solana Treasury Sale
The shareholder wants SkyAI’s board to explain the liquidation or resign and is seeking at least $3.50 a share in the tender offer, up from $3.
· Business
- Bastion Presses SkyAI Board Over SOL Sale and $201 Million Tender Offer
The shareholder also wants better offer terms and previously called for a price of at least $3.50 per share.
· Business
- Polymarket Investor Puts Coplan's Annualized Expenses Near Engineer's Salary
Haseeb Qureshi said Coplan initiated the repayment process, reimbursed Polymarket in full and later began receiving a regular salary.
· Business
- Onramp CEO Urges Three Checks for Corporate Bitcoin Custody
The questions cover control of funds, approval of transfers and independent verification of holdings.
· Insights & Views
- Polymarket CEO Repaid Company for Expenses in 2025 Investor Review
Founders Fund examined charges for apartment rent and private jet flights. An early investor disputes the suggestion that outside investors uncovered concealed spending.
· Business
- Bastion Challenges SkyAI’s $3 Tender Offer and Seeks SOL Sale Records
The shareholder says SkyAI’s Solana holdings fell about 70% between Sept. 14 and Oct. 13 and wants independent directors to oversee the offer.
· Business
- XTI Aerospace Investors Face Oct. 27 Lead-Plaintiff Deadline
The proposed securities class action concerns an internal review involving former CEO Scott Pomeroy and a delayed quarterly filing.
· Regulation
- Rosen Law Firm Investigates Hub Group Directors’ Fiduciary Duties
The firm is examining potential breaches by Hub Group directors and officers and is seeking information from current shareholders.
· Regulation
- Pilgrim’s Pride Board Forms Committee to Review JBS Proposal
The committee comprises independent and disinterested directors and has selected Ropes & Gray LLP as legal counsel.
· Business
- Coinbase Chief Accounting and Principal Accounting Officer Jennifer Jones Plans to Retire
Jones notified Coinbase of her decision Sept. 29. She will stay in her current role until a successor takes over.
· People
- Bastion Trading Urges SkyAI Board Changes After Investor Rebukes
The shareholder group owns about 9.99% of SkyAI and questioned $5 million in first-half consulting fees paid to Sol Edge.
· Business
- Metaplanet Independent Directors Defend Series 10 Warrant Plan
The directors said executives paid fair value for the warrants and face vesting, lockup and exercise restrictions as shareholders question dilution and governance.
· Business
- SEC Clears Path for Robinhood Retail Voting Plan Involving Tesla
The no-action letter removes a regulatory obstacle to Robinhood’s planned shareholder voting program for retail investors holding Tesla stock.
· Regulation
- Circle Discloses Co-Founder’s Board Exit and CFO Departure Plan
P. Sean Neville resigned immediately, while Jeremy Fox-Geen plans to leave by Dec. 31 or earlier if a successor is appointed.
· Business
- Anthropic Proposal Gives Seven Founders 50.1% Voting Power
The proposed structure would preserve founder control after a public listing without granting additional economic rights.
· Business
- Bitmax Faces Scrutiny Over Convertible Bond-Funded Bitcoin Buys From Insider
Bitmax is under scrutiny after filings showed Bitcoin and Ethereum purchases funded by convertible bonds and sourced from its controlling shareholder’s personal holdings, raising transparency and governance concerns.
· Business