He called on industry participants to provide counterexamples.
If someone is telling you, you are subject to a lock-up agreement, and your firm signed nothing with the lead underwriter, they are either lying or misinformed. Lockups are a silly contract with underwriter (primarily to help engineer a secondary). Prove me wrong. I’ll correct.
Also - it’s never been enforced. The underwriting bank would have to sue for breach of contract. I asked AI for “best example” of lock-up breach lawsuit. It couldn’t find one. Try it yourself. Find a counter point, PLEASE share.
If someone is telling you, you are subject to a lock-up agreement, and your firm signed nothing with the lead underwriter, they are either lying or misinformed. Lockups are a silly contract with underwriter (primarily to help engineer a secondary). Prove me wrong. I’ll correct.
Now this is something I have not heard before. Is this true?
If someone is telling you, you are subject to a lock-up agreement, and your firm signed nothing with the lead underwriter, they are either lying or misinformed. Lockups are a silly contract with underwriter (primarily to help engineer a secondary). Prove me wrong. I’ll correct.
He called on industry participants to provide counterexamples.
If someone is telling you, you are subject to a lock-up agreement, and your firm signed nothing with the lead underwriter, they are either lying or misinformed. Lockups are a silly contract with underwriter (primarily to help engineer a secondary). Prove me wrong. I’ll correct.