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Bullboard - Stock Discussion Forum Argo Corp V.ARGH

Alternate Symbol(s):  ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates... see more

TSXV:ARGH - Post Discussion

Argo Corp > share lock up
View:
Post by SWInvestor1 on Feb 10, 2021 4:03pm

share lock up

Per the 9/30/2020 interim filings, 85.4mm out of 93.2mm shares are currently subjected to lockups, which begin to expire on 3/16/2021. And last month, the company announced it is selling 1.5mm shares via private placement at a 30% discount to market price. Unsurprisingly, these shares are subject to lockup (4 months).
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