An Anhui technology company preparing for a National Equities Exchange and Quotations listing encountered disagreements with some investors over the removal or adjustment of special investment terms, including repurchase and veto rights.
Li Shu’s team analyzed the shareholder agreement, conditions for exercising special rights and practical implementation issues. It developed approaches involving supplementary agreements and declarations and used concert-party arrangements and evidence preservation to support negotiations.
According to YunTing’s account, most investors completed the adjustment of the special terms, addressing the related obstacles in the company’s listing preparations.