The right of first refusal gives existing shareholders the option of subscribing to new shares being issued in proportion to their current ownership interests.

Name: The right of first refusal gives existing shareholders the option of subscribing to new shares being issued in proportion to their current ownership interests.
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The Answer of The right of first refusal gives existing shareholders the option of subscribing to new shares being issued in proportion to their current ownership interests.

The Right of First Refusal Gives Existing Shareholders the Option