GREY:GGTTF - Post by User
Comment by
JumpStartHeroon Jul 18, 2018 9:01pm
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Post# 28336126
RE:RE:19 million shares just became available for trading.
RE:RE:19 million shares just became available for trading.>10% to <25% of IPO/Transaction Price
Tier 2 Issuers - 2 year hold with 20% released every 6 months with first release on closing of the IPO/Transaction
Tier 1 Issuers – In accordance with a Value Security Agreement 1 year hold with 20% released every 3 months with first release on closing of IPO/Transaction
So, my assumption from the article is 20% has been issued, then a hold period of 1 year and then a release of 20% every 3 months. Considering the Private placement was deemed 10 - 25% of IPO. Am i reading this correctly?