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Preemptive Right Gives Current Stockholders the Right to Purchase, on a Pro

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preemptive right gives current stockholders the right to purchase, on a pro rata basis, any new shares issued by the firm This right helps protect current stockholders against both dilution of control and dilution of value.


Definitions:

Phototherapy

A treatment using light of specific wavelengths to treat conditions like jaundice in newborns or certain skin disorders.

Psoriasis

A chronic autoimmune skin disorder characterized by red, flaky patches covered with silver-white scales, often associated with itching and pain.

Ultraviolet (UV) Exposure

Contact with ultraviolet radiation from the sun or artificial sources, which can cause skin damage and increase the risk of skin cancer.

Pressure Ulcers

Injuries to the skin and underlying tissue, usually over a bony area, due to prolonged pressure or friction.

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