Let’s say a company has type A, B, C shares when it goes public. Only type A is available to the public. B and C are held by the company owner and a bigger investor/company. Say A has 40 million outstanding and B has 60 million and C has 60 million. I know B and C has better dividend and voting rights than A. Can the owner and investors sell B and C and dilute A? I noticed a few companies that went public in the last couple years are set up like this. Some sources list the companies shares at the total A shares and other sources like the total shares as the total of A, B, and C.
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