71583048
commented on a stock · Sep 25 07:08
$Hyzon Motors (HYZN.US)$ does this mean they broke the share...
$Hyzon Motors (HYZN.US)$ does this mean they broke the share holder rule of lending shares because shares cant be lent out longer than 5 days
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Trytosaveabit : Shares can be lent out indefinitely! As long as the borrower continues to pay the CTB fee. And that the broker who lent them doesn’t call for them back. Otherwise no limit on how long they can be borrowed. GL
71583048 OP Trytosaveabit : One of the filings that hyzn put out said that none of the shares sold could be lent out for longer than a 5 day return period I read it myself
Trytosaveabit 71583048 OP : That may be a condition of a share purchase agreement! And could be as a condition just like a lock up period! But it’s not applicable to all shares in general!