Acquisition Offers and Companies Sell
Just like any company, YOC companies may receive acquisition offers. In such cases, the decision always goes through a voting process and requires a minimum approval of 75%.
If the token holders approve the acquisition offer with a majority of 75% or more, the sale price is divided among the token holders in proportion to the number of tokens they hold.
It is important to note that in such cases, the ownership of the respective company's brand and intellectual property rights remains with YOC. This means that even if the company is acquired, the brand continues to be the property of YOC.
Once the acquisition is approved, the company's token is removed from the secondary market and no longer holds any value. This ensures that the token is no longer tradable and the ownership rights associated with it are transferred to the acquirer.
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