10,235,084 Shares of InCoax Networks AB (publ) are subject to a Lock-Up Agreement Ending on 8-FEB-2023. These Shares will be under lockup for 90 days starting from 10-NOV-2022 to 8-FEB-2023.
Details:
In connection with the Rights Issue, all members of the board of directors and senior management with shareholdings in InCoax have undertaken towards Vator Securities AB, subject to customary exceptions, not to sell or otherwise transfer their shares without first, in each separate case, ascertain a written approval from Vator Securities AB. The decision to leave such written approval is decided by Vator Securities AB and the decision is made in each separate case. Agreed approval can depend on both individual and business-related situations. The lock-up undertakings only cover the shares that are held before the Offering and the lock-up period lasts for a period of 90 days from the date of expiration of the subscription period in the Rights Issue