Viral IPO cap table with 5 share classes and 20x voting rights draws 'criminal' jab
AIFlow_ML · x · 2026-10-26
An AI-focused account shared a screenshot of an IPO filing's "Our Capital Structure" table, calling whoever designed it a "criminal." The table compares five share classes (Class A, H, T, F, E), with Class F carrying voting power equal to 20% of other classes per share, transferable only with majority partner (Instrument Flexhold LLC) approval. Several classes have no dividend or liquidation rights. The unusual, founder-entrenching design sparked wide attention.
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