His lockup period ends on the earliest of
- a buyout
- Sept. 25
- the 20th trading day after Aug. 22 on which the stock closes at or above $12; earliest date if stock maintains required price is Sept. 20
Seeking Alpha has a detailed writeup but will force you to register. Here’s a not-bad summary that likewise makes the point that TFG can’t cash out very much without tanking the stock price, which would piss off his idiot shareholders & create bad publicity he’d hate to see.
Hoarse e-Books
npub1p9…9rzxq
2024-09-04 11:42:15 UTC
in reply to nevent1q…5vtt
Author Public Key
npub1p9nfqeyad0d4v0vymslk7xqqyc000m55esj0j7rcldlv695dfd4sx9rzxqSeen on
wss://relay.momostr.pinkPublished at
2024-09-04 11:42:15 UTCEvent JSON
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