Press Release: Lock-up Waiver

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.

Practical Law Corporate & Securities


 

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