Dual-class share differentiates different classes of common share. They are issued by companies to meet special needs such as when owners of a start-up firm need additional equity capital but don't want to relinquish voting control.

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This statement is true. Dual-class shares are issued by companies to differentiate different classes of common shares and are often used by start-up firms who want to raise additional equity capital without giving up voting control.

Dual-Class Share Differentiates Different Classes of Common Share