Topic
Lock-up Agreements
9 published works
Free Writings + Perspectives
SEC Updates Guidance on the Use of Lock-Up Agreements in Rule 145(a) Transactions
By Andrew Noreuil, Brian Hirshberg, Emily Bloom
On March 6, 2025, for the first time since 2008, the staff (the “Staff”) of the Securities and Exchange Commission updated its guidance on the use of lock-up agreements in…
The SEC Institute Blog
CorpFin Issues C&DIs Addressing Tender Offers and Lock-Up Arrangements
On March 6, 2025, CorpFin updated two C&DIs addressing lock-up agreements in Rule 145(a) transactions (i.e., business combinations) and provided five new C&DIs related to tender offers. You can find a list…
Free Writings + Perspectives
Top 10 Practice Tips: Lock-Up Agreements
By Anna T. Pinedo, Ryan Castillo
This practice note provides 10 practice points to consider in drafting and negotiating lock-up agreements. In connection with securities offerings, the underwriters or placement agents generally negotiate a lock-up agreement…
Louis Lehot Medium Blog
The IPO Markets Are Changing, and so Is the Lock-up Agreement | Foley & Lardner LLP
By Louis Lehot
An initial public offering (IPO) is a crucial time in the life of a company and its stakeholders. Initial investors, employees, and executives can profit from the public listing, and…
Free Writings + Perspectives
Market Trends 2019/20: Lock-Up Agreements
This practice note discusses recent market trends regarding lock-up agreements, which are usually negotiated between the underwriters or placement agents and the issuer and its directors, officers, and control persons…
Free Writings + Perspectives
Top 10 Practice Tips: Lock-Up Agreements
By Anna T. Pinedo, Ryan Castillo
This practice note provides 10 practice points to consider in drafting and negotiating lock-up agreements. In connection with securities offerings, the underwriters or placement agents generally negotiate a lock-up agreement…
Free Writings + Perspectives
Top 10 Practice Tips: Lock-up Agreements
By Anna T. Pinedo, Joanne Sur-Young
In connection with securities offerings, the underwriters or placement agents generally negotiate a lock-up agreement with the issuer, as well as with the issuer’s directors, officers, and, in the case…
Free Writings + Perspectives
Market Trends 2017/18: Lock-up Agreements
Partner Anna Pinedo discusses lock-up agreements in a recently published Lexis Practice Advisor® Practice Note.
The Securities Edge
Significant stock price questions loom as Facebook lockup restrictions begin to lapse
More interesting times have arrived for holders of Facebook stock. The stock, which has been brutally beaten down from its IPO price, faces new challenges as the “lockup” restrictions (which…