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What does going private mean exactly ? Is it just delisting from nasdaq in tesla’s Case ? Would they be allowed to keep any number of investors or just the top few ?
I believe they are planning on creating a holding company whose only business function is holding private Tesla stock. This makes it easy to crate a prospectus so that non-accredited investors can participate.
i wonder if companies will start doing this right from their ipo, and just list the holding companies instead of the whole company.