BlockFi
impact of the transaction on executives employees and shareholders the transaction stabilized and protected clients but while the structure of the transaction secured liquidity for clients it led to executives and employees losing their own equity value also reorganized its reducing by over to attempt to further protect client value and set a course to return to profitability at the same time it became necessary and critical to implement a go forward compensation structure to retain business critical capabilities needed to effectuate the transaction thus in then board of directors approved a pronged strategy | BlockFi
Company
Deck date
January 2023
Slide
14 of 27
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