This may impact the ultimate gain or loss and also, regarding Box, it is subject to a customary IPO lock-up
period and is obligated not to sell the shares of common stock it owns, for six months from the date of the IPO.
Morsfield and Tan (2006) show that such result is robust to controls such as the endogenous choice for PEVC financing, IPO lock-up
provisions, and PEVC exit subsequent to the IPO.
LLC is releasing a lock-up restriction with respect to certain shares of ServiceNow's common stock held by a director of ServiceNow to be sold in the proposed offering and, in addition, is granting a waiver to a specific provision found in all of the IPO lock-up agreements that were entered into by ServiceNow and ServiceNow's security holders.
The specific provision in the IPO lock-up agreements being waived is the lock-up extension provision that may extend, upon the occurrence of certain events, the 180-day IPO lock-up period for an additional period of up to 34 days.
When an IPO lock-up
period expires, more shares are available for trading, placing a greater supply of stock in the stock market.
LLC, on behalf of itself and the other underwriters for ServiceNow's previously completed initial public offering of shares of common stock, is releasing a lock-up restriction with respect to certain shares of ServiceNow's common stock held by a director of ServiceNow to be sold in the proposed offering and, in addition, is granting a waiver to a specific provision found in all of the IPO lock-up
agreements that were entered into by ServiceNow and ServiceNow's securityholders.
Richard Nottenburg, and the other members of Multilink's executive team have each initiated a structured trading plan to sell a portion of their Multilink stockholdings commencing after the expiration of their current 180-day IPO lock-up
Profits and positive cash flow from operations are the lifeblood of any organization that holds serious hopes of lasting in the longer term, not just beyond its IPO lock-up
The IPO lock-ups
of the shareholders of the founding companies expire on May 26, 1999, and the remaining IPO lock-ups
, including those with respect to investors in the sponsor entities, Capstone Partners, LLC, and Alpine Consolidated II, LLC, expired last week.