what is transition period
Answers
Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2)...
Explanation:
A period of transition is the process of changing from one state or condition to another. the process of change from the middle East to the modern era began around the 14th century AD.
Now you are a begin to lose much of Earth's mediaeval appearance speedly. due to this,sense of history developed in your job and people contrasted their mode on world with the ancient one.
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