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Strategies & Market Trends : Ride the Tiger with CD
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To: ralfph who wrote (311827)10/9/2025 3:51:34 PM
From: ogi   of 312320
 
No idea really but perhaps assume substantial holders that wish to keep their relative % and or simply tax planning :

The FT Shares may be donated by the initial purchasers to one or more charities and subsequently sold by the charities or may be sold by the initial purchasers to investors in follow-on transactions on a private placement basis in offshore jurisdictions as permitted and in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933 (the "U.S. Securities Act"), as amended.
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