Certain class a common stock of greenlane holdings, inc. are subject to a lock-up agreement ending on 15-oct-2019.
Certain class a common stock of greenlane holdings, inc. are subject to a lock-up agreement ending on 15-oct-2019. these class a common stock will be under lockup for 181 days starting from 17-apr-2019 to 15-oct-2019.
details:
the holders of preferred stock shall agree in connection with the ipo, if requested by the managing underwriter, not to sell or transfer any shares of common stock of parent excluding shares acquired in or following the ipo for a period of up to 180 days following the offering.
the executive officers and directors and certain other stockholders whose common units will be redeemable for shares of class a common stock representing certain percentage of pre-offering shares on a fully-diluted basis will enter into 180-day lock-up agreements with the underwriters of this offering under which they may, with limited exceptions, for a period of 180 days after the date of this prospectus, directly or indirectly sell, dispose of or hedge any shares of class a common stock or any securities convertible into or exchangeable or exercisable for shares of class a common stock without the prior written consent of the underwriters.
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