1 evidence check
Last checked: 3/31/2026
The claim states a single threshold of 75% as of 2023-09, but the source reveals a more complex, time-dependent structure. The 75% threshold applies only to one of two alternative paths (option b) before November 2024, and only to one component (Founders' voting common stock, option x) after November 2024. After November 2024, the general stockholder threshold actually increases to 85%. The claim oversimplifies by presenting 75% as the amendment threshold when it is actually one of multiple possible thresholds depending on timing and which stockholder groups are voting. The source does confirm 75% appears in the amendment requirements, but the claim's characterization as 'the' amendment-threshold is incomplete and potentially misleading about the actual governance structure.
Evidence — 1 source, 1 check
Note: The claim states a single threshold of 75% as of 2023-09, but the source reveals a more complex, time-dependent structure. The 75% threshold applies only to one of two alternative paths (option b) before November 2024, and only to one component (Founders' voting common stock, option x) after November 2024. After November 2024, the general stockholder threshold actually increases to 85%. The claim oversimplifies by presenting 75% as the amendment threshold when it is actually one of multiple possible thresholds depending on timing and which stockholder groups are voting. The source does confirm 75% appears in the amendment requirements, but the claim's characterization as 'the' amendment-threshold is incomplete and potentially misleading about the actual governance structure.
Debug info
Record type: fact
Record ID: f_ltbt_amend_pre