Tag Archives: Lockup

(Bloomberg) — Shares of Rivian Automotive Inc. sank 21% as some early stakeholders got their first chance to unload shares on Monday. Most Read from Bloomberg Selling restrictions on certain Rivian insiders and investors ended on Sunday, freeing up a sizable chunk of the electric-vehicle maker’s float for public trading. The stock has now collapsed 87% from its November high. Now, the focus turns to the company’s two most prominent corporate backers — Amazon.com Inc. and Ford Motor Co…. Source link

Arkady Volozh Extends Lock-up for an Additional Two Years Moscow and Amsterdam, the Netherlands, December 6, 2021 – Yandex (NASDAQ and MOEX: YNDX) today announces that its founder, CEO and principal shareholder, Arkady Volozh, has agreed to a further lock-up of his Class B shares. Arkady has agreed with Yandex that he (and his family trust) will not sell or transfer any Class B shares during the next two years, ending December 31,… Source link

Moscow and Amsterdam, the Netherlands, December 6, 2021 – Yandex (NASDAQ and MOEX: YNDX) today announces that its founder, CEO and principal shareholder, Arkady Volozh, has agreed to a further lock-up of his Class B shares. Arkady has agreed with Yandex that he (and his family trust) will not sell or transfer any Class B shares during the next two years, ending December 31, 2023. This is an extension of the lock-up agreement that Arkady (and his family… Source link