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One of the most important topics that a first shareholder meeting goes over is the issuance of shares. The value of shares is agreed upon, the value of any assets being exchanged for shares is agreed upon, and and shareholders are issued shares with a bill of sale or certificate of stock.
Before the meeting takes place, the following materials must be disseminated to the shareholders: Proposed resolutions. Company reports. Supporting documentation. Meeting minutes from the prior annual meeting.
The type of meeting primarily depends on the matters discussed in the meeting. Generally, the following issues are under discussion in these meetings: Financial statements, reports of the BoD, and auditor's report. Appointment of the BoD and auditors of the company.
Shareholders' Meeting This meeting should touch on the following items: mergers, acquisitions, the transfer and sale of assets, and electing (and re-electing) of the Board of Directors in addition to settling other important business matters that are beyond the board's control.