Class C common stock

E266078

Class C common stock is a non-voting share class of Snap Inc. typically held by its founders and insiders to preserve control while allowing public investment.

All labels observed (1)

Label Occurrences
Class C common stock canonical 1

How this entity was disambiguated

Statements (34)

Predicate Object
instanceOf equity security
non-voting stock
share class
associatedWith Snapchat platform
capitalStructureRole allows public investment without diluting founder control
controlMechanism non-voting structure concentrates control in other share classes
corporateGovernanceImpact enhances founder and insider control via dual-class structure
currency USD
exchangeCountry United States of America
surface form: United States
hasTicker SNAP
hasVotingRights no
issuer Snap Inc.
listedOn New York Stock Exchange
primaryHoldersInclude institutional investors
public investors
retail investors
regulatoryJurisdiction U.S. securities law
relatedShareClass Snap Inc. Class A common stock
Snap Inc. Class B common stock
rightsExclude right to vote for directors
right to vote on most corporate matters
rightsInclude economic interest in Snap Inc.
right to receive dividends if declared
right to share in residual assets upon liquidation
securityType common stock
tradingVenueType regulated stock exchange
underlyingCompanyFounders Bobby Murphy
Evan Spiegel
Reggie Brown
underlyingCompanyHeadquarters Santa Monica, California, United States
surface form: Santa Monica, California
underlyingCompanyIndustry social media
technology
underlyingCompanyLegalForm public company
votingPower 0

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

SNAP hasClassOfShares Class C common stock
subject surface form: Snap Inc.