regulatory
confidence high
sentiment positive
materiality 0.65
Delaware Chancery Court validates Skillsoft's Certificate of Amendment and shares issued in merger
Skillsoft Corp.
- Court granted Section 205 petition validating Certificate of Amendment effective as of June 10, 2021.
- Validated 133,059,021 shares of Class A common stock and 3,840,000 shares of Class C common stock issued in merger.
- Order resolves legal uncertainty regarding share validity; Section 205 action closed.