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Legalese bolierplate to cover their asses
In what sense?
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so that investors can't sue them if the cap is increased somehow eventually. same as "past returns don't guarantee future performance" type of crap.
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All filings with SEC contain legalese especially IPO prospectus which outlines every possible risk no matter how infinitesimal
No one would invest if they actually read and believed legalese boilerplate.
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so that investors can't sue them if the cap is increased somehow eventually. same as "past returns don't guarantee future performance" type of crap.
True
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Legalese bolierplate to cover their asses, nothing more