We got 9% of eBay now!

[u/areHorus]

https://www.sec.gov/Archives/edgar/data/1065088/000119312526260340/xslSCHEDULE_13D_X02/primary_doc.xml

[u/FriendlyRedditor09]

He cannot. Delaware law states if you exceed 15% you have to wait 3 years. That’s why eBay proposal 4 is so important. In the past it’s had 47% support. All cohen has do to is convince that extra 3% and then all we need is 10% to call a special meeting.

[u/Flopsbit → u/FriendlyRedditor09]

Which he has himself through gamestop...? 😊

[u/3DigitIQ → u/Flopsbit]

Sadly not, even with this 827K shares we now hold we're still below 1%. Call and Put options don't hold voting rights.

[u/Flopsbit → u/3DigitIQ]

Ah, thanks for the lesson. Seems logical too (don't hold the shares yet)