Business Dealings - balancedcapitalism.org

Stock Buyback Deals

A public corporation will be required to allocate 50% of every dollar paid out to buy back stock into a UBI fund.

Private Equity Deals

When a private equity (PE) firm/fund buys controlling ownership of a public company, the PE will be retroactively required from the past date of January 1, 2001, to allocate 50% of every dollar invested in a public company into a UBI fund.

Registered Lobbyists Dealings

Registered lobbyists will be required to allocate 50% of every dollar paid out to promote or influence public policy on behalf of a public corporation into UBI fund.

Election Spending Dealings

Public corporations (including those controlled by foreign nationals) will be required to allocate 50% of every dollar paid out to promote or influence elections into a UBI fund, i.e., campaign advertising.

Convertible Bond Deals

A public corporation will be required to allocate 50% of every dollar of share capital received upon a stock conversion into a UBI fund.

Donor-Advised Funds (DAFs) In Equity Growth Funds

A (corporate) public foundation DAF, benefiting from share capital, will be required to allocate 50% of every dollar granted* to charity into a UBI fund.

*A grant Is defined as a transfer of assets from a donor-advised fund to a qualified charitable recipient.

SPAC (Special Purpose Acquisition Company), aka, Blank Check Company

The SPAC will be required to allocate 50% of the share capital received from its IPO into a UBI fund, and once the SPAC has acquired or merged with a private company creating a new public company, the M&A deal requires the acquirer firm (SPAC) to allocate an additional 25% of the financial assets transacted in a deal into a UBI fund. The target firm will be required to allocate 25% of the financial assets received in the M&A deal into a UBI fund. If the SPAC decides to raise additional capital post-merger, similar to IPOs or secondary offerings, the SPAC will be required to allocate 50% of the share capital received from the IPO or secondary issues into a UBI fund.