Maryland Information Statement — Common Stock is a legal document that provides crucial information about a corporation's common stock to its shareholders, potential investors, and regulatory authorities in the state of Maryland. It is intended to facilitate transparency and ensure compliance with state laws. This statement discloses essential details about the corporation's common stock, including the rights, privileges, and restrictions associated with owning these shares. It covers information related to voting rights, dividend payments, conversion rights, liquidation preferences, and any other pertinent terms and conditions attached to the common stock. The Maryland Information Statement — Common Stock commonly includes the following key sections: 1. Stockholder Rights: This section outlines the rights granted to common stockholders, such as voting rights in corporate decisions, including the election of directors and approval of major corporate actions. 2. Dividend Payments: This section specifies the corporation's dividend policy for common stockholders. It describes the frequency and conditions under which dividends will be paid out to shareholders. 3. Liquidation Preferences: This part outlines the common stockholders' entitlements in the event of the corporation's liquidation or dissolution. It defines their priority in receiving any remaining assets after creditors and preferred stockholders have been paid. 4. Conversion Rights: If the corporation's common stock is convertible, this section provides details on the terms and conditions of conversion, including the conversion price, conversion ratio, and any conversion limitations. 5. Anti-Dilution Provisions: This section explains any mechanisms put in place to protect common stockholders from dilution of their ownership stake, such as anti-dilution adjustments in case of stock splits, stock dividends, or issuance of additional shares. 6. Restrictive Covenants: This part may include any special restrictions or limitations applicable to common stockholders, such as lock-up agreements preventing the sale or transfer of shares within a specified period. Other types or variations of the Maryland Information Statement — Common Stock may include specific provisions tailored to unique circumstances or specific corporate structures, such as dual-class common stock structures, cumulative voting rights, or redemption provisions. In conclusion, the Maryland Information Statement — Common Stock is a crucial document that outlines the rights, privileges, and restrictions associated with owning common stock in a Maryland corporation. It serves as a comprehensive resource for shareholders, potential investors, and regulatory authorities to understand the terms and conditions governing these shares.