On Holding AG (ONON) Announces Early Lock-Up Release on November 19, 2021

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On Announces Early Lock-Up Release

November 16, 2021 4:30 PM EST

ZURICH, Switzerland--(BUSINESS WIRE)-- Swiss performance sportswear brand On (NYSE: ONON) (On or the Company) announced today a partial early lock-up release with respect to Ons Class A ordinary shares, CHF 0.10 par value per share (the shares), pursuant to the terms of certain lock-up agreements (lock-up agreements) entered into by Ons directors, officers, and certain other shareholders with the underwriters of Ons initial public offering (IPO).

Pursuant to the terms of the lock-up agreements, the restricted period will end with respect to 10% of the shares... More