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IPO Lock-up |
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IPO Lock-up A legally binding contract between the underwriters and insiders of the company undergoing an initial public offering (IPO). The contract prevents them from selling any shares of stock for a specified period of time. Notes: When lock-ups expire, restricted people are permitted to sell their stock. This sometimes results in a drastic drop in share price. |
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| Co-Capital focuses exclusively on the alternative asset class, assisting new and emerging funds that want to help create and nurture companies that integrate emerging technologies with sustainable business models to create value that outlives the IPO lock-up period. 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 periods. 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. |
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IPO Lock-up
