Lemonade (LMND) Announces Early Lock-up Expiration Extension
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Lemonade Announces Early Lock-up Expiration Extension
September 29, 2020 8:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Lemonade, Inc. (NYSE: LMND) (the Company) today announced an extension of the early lock-up expiration date pursuant to the terms of lock-up agreements with the underwriters (lock-up agreements) of its initial public offering (IPO) of common stock, par value $0.00001 per share, until one business day following the release of earnings for the third quarter of 2020.
In connection with the Companys IPO, all of its executive officers, directors, and substantially all of the holders of the Companys common stock, or securities exercisable for or convertible into the Companys common stock... More
