Press Release: Lock-up Waiver | Practical Law

Press Release: Lock-up Waiver | Practical Law

A form of press release for a company announcing the waiver or release of director or officer lock-up restrictions entered into in connection with an IPO. FINRA Rule 5131 requires the public announcement of an IPO lock-up waiver or release at least two business days before it is effective. This Standard Document has integrated notes with important explanations and drafting tips.

Press Release: Lock-up Waiver

Practical Law Standard Document 3-506-7079 (Approx. 5 pages)

Press Release: Lock-up Waiver

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A form of press release for a company announcing the waiver or release of director or officer lock-up restrictions entered into in connection with an IPO. FINRA Rule 5131 requires the public announcement of an IPO lock-up waiver or release at least two business days before it is effective. This Standard Document has integrated notes with important explanations and drafting tips.