Sprint has stated that the DISH Proposal may constitute a change of control under the Equityholders' Agreement, which would require the affirmative vote of 75% of the issuedandoutstandingshares of Clearwire's stock.
That date will apply to the 124 million RSU-linked shares to be issued on October 25, as well to 55 million outstandingsharesand another 55 million subject to vested stock potions.
Data released to Patch earlier this month had shown trade fails of 10 million shares starting in mid-April, a time when 4 million shares of Global Links were issuedandoutstanding.