Do you hold Exodus Class B common stock? If so, you'll need to convert them to Class A shares to participate in trading. This guide will show you how.
In this article:
What is Exodus Class B common stock?
Exodus Class B shares have the same economic ownership as Exodus Class A shares, but Class B shares have some strengths and some limitations.
Class B voting rights are increased vs. Class A (10 votes per share for Class B vs. one vote per share for Class A).
Conversion of B shares to Class A is permanent, because Class A shares cannot become Class B shares.
Additionally, Class B shares will automatically convert to Class A if they are transferred to another person.
How can I convert my Class B shares to Class A?
Send an email requesting conversion of your Class B shares to [email protected], and we will guide you through the process. It's simple, and free.
You'll need a Securitize account set up, as Securitize is the transfer agent for our Class A shares. If you don't have one, you can sign up at id.securitize.io/login.
I've successfully converted my B shares to A shares and want to trade them. What's next?
Nice work! If you want to participate in OTC Markets trading, the next step will be to move your shares to a traditional brokerage account.