Bill > HR9551

This bill permits an issuer, when determining the market capitalization of the issuer for purposes of testing the significance of an acquisition or disposition, to include the value of all shares of the issuer, including preferred stock and non-traded common shares that are convertible into or exchangeable for traded common shares, rather than just the voting and non-voting common equity of the issuer. This is intended to avoid "aberrational results" in the requirements for acquisition and disposition financial statements under the Securities and Exchange Commission's regulations.