Has not revealed its IPO size and price range in the prospectus, saying that financed capitals will be used to pay dividends to preferred shareholders and for general purpose.

但是，世纪佳缘尚未透露IPO发行数量和发行价格。公司将募集资金用于偿付优先股股东的未支付红利和一般性公司用途。

youdao

If a company that you own stock in goes bankrupt, as a common shareholder, you won't receive money until the creditors, bondholders and preferred shareholders have all been paid off.

假如你所持股票的所属公司破产了，除非是债权人、债券持有人及大股东获得了赔偿，否则你作为普通股票持有者将无法将钱收回。

youdao

Depending upon whether the preferred stock is cumulative or non-cumulative (discussed in M2T1), even preferred shareholders may not be sure of receiving dividend payments on a regular basis.

优先股股东并不确定会收到固定的优先股股息，可能是累积股息或非累积股息。

youdao

That means the taxpayer would be the last one to lose money, because the non-preferred shareholders would take the first losses.

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The preferred shareholders simply do not receive a dividend for that period.

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Preferred shareholders should be able to exchange their paper for similar securities in these new entities, with warrants attached for conversion into common shares.

FORBES: Commentary