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Jocelyn /
npub1py5…urc5
2023-07-04 17:41:23
in reply to nevent1q…qwpg

Jocelyn on Nostr: npub1g0tuf…3tvm4 npub17qmud…4uz8c Oh, ok - but how is the CIC itself governed, ...

npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) npub17qmud32pgkk4v335kc0mct377pwtjw2rw7p9gphjy280xp2xlr0q24uz8c (npub17qm…uz8c)
Oh, ok - but how is the CIC itself governed, who provides the capital to start with? What if it needs an increased capital?

I guess British CIC and French SCIC are actually serving a different purpose (or maybe the French SCIC would allow to do what CIC does, but not the other way). Here a SCIC can be started as any other company, only there is a lot more control on how shares may be sold (the AGM decides of any new joiner) and the governance is also constrained.
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npub1py5dncv28h7e82zm65apxwg9g4mjr96l2uaagyxv00e4w2czc3yqhdurc5