Notice of Directors' Meeting to Consider Recapitalization Notice of Directors' Meeting to Consider Recapitalization

• Category: Corporations - Officers and Employees
• State: Multi-State
• Control #: US-0872BG
• Format: Word; Rich Text

Description

Recapitalization is a change in the capital structure of a corporation. It may consist of an increase or decrease in the amount of capital stock, a revaluation of stock, a reclassification of stock, or a combination of several of these changes.

Recapitalization may be effected by the issuance of new shares, an exchange of new shares for old, or the retirement of existing shares.

A Notice of Directors' Meeting to Consider Recapitalization is a document sent to board members of a company informing them of an upcoming meeting regarding a potential change to the company’s capital structure. The notice contains details of the proposed recapitalization and the date, time, and location of the meeting. It is important to note that the notice is not a formal invitation, but rather an announcement of the meeting. There are two main types of Notice of Directors' Meeting to Consider Recapitalization. The first is a special meeting, which is called specifically to discuss the recapitalization proposal. The second type is a regular meeting, which is called for other purposes but also includes discussion of the recapitalization proposal. The Notice of Directors' Meeting to Consider Recapitalization will typically include information about the company, such as its name, address, and contact information. It will also provide a brief overview of the proposed recapitalization and any possible alternatives. Finally, it will include the date, time, and location of the meeting, as well as the names of the directors who are expected to attend.