Established in 1996 and supported by Platinum sponsors Motorola Solutions and Thales, The Wireless Innovation Forum (SDR Forum Version 2.0) is a non-profit mutual
benefit corporation dedicated to advocating for spectrum innovation, and advancing radio technologies that support essential or critical communications worldwide.
As part of this process, Chiesi chose to become a
Benefit Corporation, a new innovative legal status under the Italian (Law no.
Over the last decade the new structure of the
benefit corporation, and more recently the federal version proposed by Senator Elizabeth Warren in her recently proposed Accountable Capitalism Act (which was the subject of this column in the first quarter's issue), present a new paradigm: the corporation is run not only for the benefit of its owners, but is also required to have a purpose of creating a material positive impact on society and/or the environment.
"Last August, we began strengthening our documents for future generations and became a
benefit corporation."
SB 133-the bill enacting the
Benefit Corporation Act was sponsored by Senator John L.
In 2018, the XPS and STEEN Solution was incorported into the Silver Spring, Maryland laboratory of Lung Bioengineering Inc, a subsidiary of United Therapeutics' public
benefit corporation Lung Biotechnology PBC.
According to the National Law Review, a public
benefit corporation is a fairly new corporate form.
In the process of combining the two organizations, Salesforce.org will convert from a California public
benefit corporation into a California business corporation and Salesforce will pay a one-time cash purchase price of $300M for all shares of Salesforce.org.
Case Name: Fourth Estate Public
Benefit Corporation v.
is a
benefit corporation that provides a community-driven solution to protect confidential consumer information by taking that information Under the Dome (i.e., secure and off the open internet).
Oakland, CA: Beneficial State Bancorp converted to a Delaware Public
Benefit Corporation (PBC).
