Select all that apply

In order to qualify for exchange treatment as a redemption that is NOT essentially equivalent to a dividend, the redemption must Blank$\_\_\_\_\_\_($Check all that apply.$)$

Multiple select question.

result in the reduction in the shareholder's interest to at least $80\%$ less than that before the redemption

result in the shareholder's voting power being below $50\%$

meet at least two of the bright line change$-$in$-$stock$-$ownership tests

result in a meaningful reduction of the shareholder's proportionate interest in the corporation