other material
confidence high
sentiment neutral
materiality 0.10
TTD's Class B voting power falls below 50%, enabling stockholder action by written consent
Trade Desk, Inc.
- As of May 16, 2022, Class B shares represent less than 50% of outstanding voting power.
- This triggers the ability for stockholders to take action by written consent under the company's charter.
- No financial impact or change in business operations disclosed.