According to CoinMeta, Meta ($META) has confirmed the creation of a new class of shares without voting rights. Each shareholder will receive one new share of Class C stock without voting rights in proportion to their existing holdings. Meta indicates that these new shares will operate in a manner similar to a 2-for-1 stock split at the current stock price. The new shares will take effect on January 19, 2027, and will be traded on NASDAQ. Meta states that these shares will be used to raise funds for AI, pay employee salaries, and fund acquisitions, without altering anyone's voting rights.