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Following this offering, Neil Blumenthal and Dave Gilboa, our Co-Founders and Co-Chief Executive Officers, will hold all outstanding shares of our Class B common stock representing approximately % of the voting power of our outstanding capital stock. Each holder of Class C common stock shall not be entitled to vote except as otherwise provided by law. Each share of Class B common stock shall entitle the holder thereof to ten votes per share and is convertible at any time into one share of Class A common stock. Each share of Class A common stock is entitled to one vote per share. The rights of the holders of Class A common stock, Class B common stock and Class C common stock are identical, except with respect to voting and conversion, or as otherwise provided in our Amended Charter. On or prior to effectiveness of this registration statement, we will have three classes of authorized common stock, Class A common stock, Class B common stock and Class C common stock.
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