In this case, it has to do with how they're classified under Delaware law as a corporate entity.
I'm not a lawyer (I don't even play one on TV, damn you Odenkirk) so I can't tell you what that means as far as case law for companies getting punished for behaving badly, but in this case, there is supposedly some sort of legal backing for the classification.
Laws are words with zero meaning if they go unenforced.
Politicians are not interested in assuring such.
Public is busy arguing semantics online; they are not interested in assuring such.
In other words, you didn’t know they’re a PBC, and you don’t know what that means?
I know PBC; legal semantics that dictate various financial terms. I also know the specifics because for some reason those specifics matter to some people, and it's been personally beneficial to have more than an awareness of such legalese. Makes true believers feel I am living up to their "one of us!" means testing.
I accept they matter to others but reject such exists as anything but contemporary ethno-objects. Similar to how I acknowledge Christianity exists but am not a disciple of the dogma; I have to accept others believe but do not have to pledge allegiance myself.
Aside from engineering and healthcare, machine operation, with real safety implications, everything else is just parroting and social role-play.
Being a VHS copy-paste of generational semantics isn't the flex you want it to be. Patronize harder though.