I have heard the term 'legacy in stocks' and I am wondering what it exactly means. Is it related to inheritance or something else entirely? I would like a clear explanation of this concept.
7 answers
Andrea
Sat Dec 28 2024
Legacy Shares refers to a specific category of Shares.
Luca
Sat Dec 28 2024
These Shares are issued under certain conditions.
Chiara
Sat Dec 28 2024
One condition is that they must be issued prior to the Closing.
GangnamGlitzGlamourGlory
Sat Dec 28 2024
Another condition is related to the exercise of Company Stock Options.
BonsaiBeauty
Fri Dec 27 2024
The Company Stock Options in question must have been granted before the Closing.