A Brief Look at American Exceptionalism - amazonia.fiocruz.br

A Brief Look at American Exceptionalism

A Brief Look at American Exceptionalism - agree, the

The Plan is similar to plans adopted by other companies with significant NOLs. As of Sept. These NOLs, which have increased significantly in recent months, are available to reduce the Company's future federal income tax expense and represent significant value to the Company. Generally, an "ownership change" occurs if the percentage of UAL's stock owned by one or more of its "5-percent shareholders" as such term is defined in Section of the Code increases by more than 50 percentage points over a rolling three-year period. In light of the volatility and decline in the market price of UAL's common stock resulting from the sharp decline in demand for air travel caused by the COVID pandemic and other macroeconomic factors and in light of potential transactions involving the sale or issuance of UAL common stock, UAL's Board of Directors determined to adopt the Plan to prevent an inadvertent impairment of the Company's NOLs. A Brief Look at American Exceptionalism

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A Brief Look at American Exceptionalism

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A Brief Look at American Exceptionalism

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