Gold Royalty Moves to Block Tether’s Stake Expansion with “Poison Pill” Defense

Tensions are escalating between Tether and Gold Royalty Corp (NYSE: GROY) after the gold-focused firm adopted a shareholder rights plan, widely known as a “poison pill,” to prevent Tether from increasing its ownership stake beyond 15%. The move comes just days after Tether lifted its stake in the company above the 10% threshold. source: https://www.ethnews.com/gold-royalty-moves-to-block-tethers-stake-expansion-with-poison-pill-defense/