Chapter 1146 There Is Something Tricky
Feng Yu told Bezos about the decision on targeted financing. Bezos understands that this is notification, not negotiation. Although targeted financing requires the approval of the board of directors, and Feng Yu is not a member of the board of directors, Ralph is the director sent by Feng Yu.
But Feng Yu is the major shareholder. If Bezos disagrees, Feng Yu can remove him as the chairman at any time. In the original agreement, Feng Yu supported Bezos as the chairman. It also said above that if Bezos made serious decision-making mistakes or hurt the interests of shareholders, he would be removed.
What's more, Feng Yu can forcefully inject capital into the company to dilute his equity, but Feng Yu did not do so, so his voting rights have not been diluted. If he still objected to this, then he really didn't know what to do.
Bezos convened a board meeting, arguing that the company was underfunded and needed financing. But the company does not plan to go public. The stock market at this time is a cold winter for Internet companies.
So the company decided to conduct targeted financing and issue a non-voting stock to repay the company's loan debt and expand the company's scale.
Originally, the minority shareholder directors thought that the company was planning to go public. They don't know whether to support or oppose it. If it is not listed early or late, it is uncomfortable to go public at this time.
But after hearing that it was targeted financing, they all expressed no objection. This must have found a home, someone wants to invest. However, they have an idea, if the financing is targeted, then they, the original shareholders, should have the priority, right?
They are very clear that the reason why the company has not been listed is the opposition of the major shareholder Feng Yu. Because Feng Yu believes that this company will definitely make a lot of money in the future, and he doesn't want others to share the profits.
With Feng Yu's name, they all believed that this company would definitely make a lot of money. Judging from the company's development speed, it seems that it is really possible to make a lot of money in the future.
Those guys who sold their shares at the beginning may have made a good investment in the past few years, and they even laughed at them as stupid. But in the future, who might laugh at whom!
...
"What did you say, those small shareholders also want to buy non-voting shares? Didn't you say that the stock price of this issuance is not low?" Feng Yu looked at Ralph with some surprise.
Although this targeted financing was aimed at the Fu family, Feng Yu gave some discounts, but the price was definitely not low. It's not as good as eBay's stock price, but it's also much higher than the current market capitalization stock price.
Those small shareholders, are they willing to take the money out? Didn't they all complain that the company was not listed?
"boss,
The main reason is that you sold all of Microsoft's stock and didn't buy any shares of Amazon, which gave them great confidence. ' explained Ralph.
The current golden signboard of the boss is very easy to use. Looking at the profitability of other industries invested by the boss, how many rich people can't even achieve one of them.
Tsk~~
Feng Yu didn't expect this, so it seems that there will be less money to be paid to the Fu family. But it doesn't matter, those small shareholders, including Bezos, can't come up with too much money. In order to buy Amazon's stock, Bezos sold his house, securities and so on.
Although the salary has not been low in the past few years, after buying back the house and car, there will never be much cash in hand. Although the other small shareholders are not as extreme as Bezos, Ralph has also investigated them. None of the small shareholders' net worth, excluding Amazon's shares, exceeds 10 million US dollars.
"Okay, directional financing itself should give priority to the original shareholders, and their request is reasonable."
"Boss, can I buy it too?" Ralph looked at Feng Yu expectantly.
"Of course, but the company won't be listed in two or three years, so don't even think about cashing out. But you don't need to worry, if you need money urgently, you can sell the stock to me."
"The boss won't sell it, and neither will I." Ralph said cunningly.
"Hahaha, you, you. Go ahead and tell me the quantity they want to buy, so that I can contact the Fu family."
The next day, when Ralph came to report to Feng Yu, his expression was very bad.
"What's wrong?"
"Boss, there is a problem. There must be something wrong here! You see, this is the quantity they want to buy, more than half of what we plan to issue." Ralph handed a form to Feng Yu.
more than half? impossible?
The combined net worth of those small shareholders will not exceed 100 million US dollars. The total price of the shares issued by the targeted financing this time is 1 billion US dollars, accounting for 25% of the company's total share capital.
Can they come up with more than 500 million US dollars? Fifty million Feng Yu didn't quite believe it.
Feng Yu looked at the form, and it was really strange that these few small shareholders, whose net worth was only about 10 million, were able to come up with more than 100 million U.S. dollars this time. Even if it is a loan, they can't borrow so much money.
"Do you know what's going on?" Feng Yu asked, frowning.
"Boss, I don't know for the time being. But after I analyzed it, there are only two possibilities in this situation. One is that they have raised a large sum of money, but it is unlikely. The other is that someone wants to lend their hand, Buy our Amazon stock!" Ralph said affirmatively.
Feng Yu didn't quite believe the first possibility either. If one can raise a lot of money, it is somewhat possible. But the probability of several small shareholders all raising a large sum of money is too low.
Then it can only be the second possibility, someone wants to buy Amazon's stock. Dare to invest in Internet companies at this time, you are not small. But they must know that Amazon's development is getting better and better at this time, and its profitability is getting stronger and stronger.
Even if it cannot be listed, you can still make money by waiting for dividends in the future, or by selling the stock after it has appreciated in value without being listed. If they can be listed, then they will earn more.
Borrowing their hands to buy Amazon's stock is actually very simple to operate. For example, sign a loan contract with them, and then let them take the money to buy Amazon shares. But ask them to return within a time limit.
Of course they can't afford to repay the money, so they will use Amazon's stock to pay off the debt according to the contract. In this way, Amazon's stock is legally transferred to those investment institutions who want to buy it but can't.
Those investment institutions, borrowing the identities of these small shareholders, will naturally give them some benefits.
Playing tricks, playing on my head?
A ferocious look flashed across Feng Yu's face: "Ralph, go and investigate, who is behind them. The company's targeted financing matter, temporarily stop. Anyway, the negotiations to acquire those companies have not yet been completed, no Hurry up. If these small shareholders dare to threaten you as a shareholder, then there is no need to be polite to them!" ( )