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Any case law dealing with companies with similar non-profit-Founding Agreements pivoting to for-profit companies?



Not that I'm aware of, though its definitely not my area.

I can't think of another example of a nonprofit that was so financially viable that it converted to for-profit though, usually a nonprofit just closes down.


If it's indeed the first, may be they will be given the leeway to set a legal precedent? One can hope.




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