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A comment on Musk announces funding secured for Twitter buy. Parent comment

Re:Musk announces funding secured for Twitter buy by throwaway2037 on Thursday April 21, 2022 @11:35AM (#31110822)
Great find! Is this normal policy at other companies? On the surface, it seems like a good idea. If you pledge 100%, and the company share price takes a dive, you might be inclined to do crazy things with the company to try to recove the share price!
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Re:Musk announces funding secured for Twitter buy by bombcar on Thursday April 21, 2022 @12:03PM (#31111270)
Something akin to it is common, and the SEC may even require "large shareholders" to file when they've encumbered their shares, but I don't know the details.
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