Snap Inc (NYSE:SNAP)

$ 11.29 0.11 (0.98%) Market Cap: 18.75 Bil Enterprise Value: 19.80 Bil PE Ratio: 0 PB Ratio: 8.46 GF Score: 71/100

Snap Inc Annual Shareholders Meeting Transcript

Jul 17, 2020 / 08:00PM GMT

Release Date Price: $24.54 (+2.68%)

Transcript 10-Q8-K

Operator

Good afternoon, everyone, and welcome to Snap Inc.'s 2020 Stockholders Meeting.

Atul Porwal, you may begin.

Atul Porwal

Snap Inc. - Associate General Counsel

Good afternoon. My name is Atul Porwal, and I'm Associate General Counsel of Snap Inc. I'm very happy to welcome you to the Snap Inc. 2020 Annual Stockholders Meeting. We've invited members of our Board and management team who are joining us on our call today. We have also invited holders of our Class A common stock to participate in today's meeting. We have approximately 234,447,974 shares of our Class B common stock present for today's meeting, representing approximately 99% of the voting power of our capital stock.

The meeting will now officially come to order. We'll proceed with the business of the meeting as set forth in the information statement we filed with the SEC on June 19, 2020. The only item on today's agenda is to present the results of an action by written consent by certain stockholders.

Today, the holders of an aggregate of 234,447,974 shares of our Class B

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