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stantially all the shares of our capital stock and securities convertible into or exchangeable for our capital stock have entered into market standoff agreements with us or have entered or will enter into lock-up agreements with the underwriters that restrict their ability to transfer shares of our capital stock, options or warrants to purchase shares of our capital stock or any securities convertible into or exchangeable for or that represent the right to receive shares of our capital stock during the period ending on, and including, the 180th day after the date of this prospectus, or the lock-up period, subject to specified exceptions; provided, that if at any time beginning 90 days after the date of this prospectus (1) we have filed at least one quarterly report on Form 10-Q or annual report on Form 10-K and (2) the last reported closing price of our common stock on the NYSE is at least 33% greater than the initial public offering price of our common stock for 10 out of any 15 consecutive trading days, including the last day, ending on or after the 90th day after the date of this prospectus, then 20% of the shares subject to the restrictions in the lock-up agreements will be automatically released from these restrictions immediately prior to the opening of trading on the NYSE on the day following the end of this 15 trading day period (we refer to this day as the early release date, and we refer to such a release as an early release); and provided further that, if the early release date occurs within a trading black-out period under our insider trading policy, (i) the early release date will be delayed until immediately prior to the opening of trading on the second trading day following the date on which we next publicly announce operating results for the previous fiscal quarter and (ii) no early release will occur unless the last reported closing price of our common stock is at least 33% greater than the initial public offering price of our common stock on the first trading day following that public announcement. In addition, we may elect that no early release will occur, and we will publicly announce such decision at least two trading days prior to the scheduled early release date by press release or on a Form 8-K filed with the SEC. We and the underwriters may permit certain stockholders who are subject to these market standoff agreements or lock-up agreements to sell shares prior to the expiration of the lock-up period. See “Shares Eligible for Future Sale.” After the end of the lock-up period, all 38,311,103 shares of common stock outstanding as of December 31, 2020 will become eligible for sale, of which 16,556,039 shares held by directors, executive officers and other affiliates, after giving effect to this offering, will be subj
Something weird happening with the text. Had to look up on edgar.
424B4
20 May 21
7,182,394
lockup #1. unknown date. 7182394 shares can be released.
424B4
20 May 21
beginning 180 days after the date of this prospectus, the remaining shares of our common stock (approximately 28,729,572
lockup #2 date and share size. 180 days from prospectus, 28,729,572 min shares
424B4
20 May 21
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