Many issuers have been considering how to hold their annual shareholder meetings this year, given the various cautions and prohibitions against meetings of more than a small number of people as a result of the coronavirus.
Meeting by phone or video conference seems an obvious solution, since businesses around the world have gone virtual over the past two weeks. “Virtual meetings” involve all participants participating in the meeting electronically. “Hybrid meetings” involve some participants attending at a physical meeting, with others attending electronically. Both virtual meetings and hybrid meetings (which we will refer to as electronic meetings here) are different from webcast meetings. Webcast meetings allow those who access the meeting to watch, but not to participate in the proceedings…
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