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Russell e
2016-12-19
initially the software did not allow me to transform document to pdf. contact customer support and eventually the software work as instructed. last the pdf filler content page will not allow the user to rotate the document to the correct form. the document had to be rescan to the proper orientation prior to changing out the format.
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2020-03-31
I loved using the program. It helped on saving paper while allowing to update documents without having to print, use white out, and scan the updated document. It was really the only feature I used, but i know there was so much more to the program. I would love if they created a pay option that was cheaper than basic or reduced the price of basic for those of us who just need it for one or two functions. It was very easy to use and i wish i needed it for other things. Overall still a great program and i would recommend it to anyone. I am only giving it 4 stars due to me just not needing it for a whole lot.
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What does lock up period mean?
A lock-up period, also known as a lock in, lock out, or locked up period, is a predetermined amount of time following an initial public offering where large shareholders, such as company executives and investors representing considerable ownership, are restricted from selling their shares.
Why do most IPOs come with lockup periods?
The chief purpose of an IPO lock-up period is to thwart investors from flooding the market with large numbers of shares, which would initially depress the stock's price. Simply put, company insiders tend to own disproportionately high percentages of stock shares compared to the public.
What is share lockup expiration?
One of the scariest things about IPO stocks is the lockup expiration date. This is the date when insiders, like employees and venture investors who we previously locked into holding their shares can sell their stock. Often, these insiders hold the vast majority of a freshly public company's outstanding shares.
What is the primary purpose of a lockup agreement?
A lock-up agreement is a contractual provision preventing insiders of a company from selling their shares for a specified period of time. They are commonly used as part of the initial public offering (IPO) process.
Do stocks drop after lockup?
Keep in mind, however, that a stock typically will react to the lockup period ahead of time. In other words, shares will often decline a few days or more prior to the expiration date as investors look to exit the stock before the new supply hits.
What are lock up agreements?
Lock-up Agreement. A legally binding contract between the insiders and underwriters of a company prohibiting the sale of its shares within a specified period.
Do I have to sign a lock-up agreement?
A lock-up agreement prohibits company insiders, such as employees and venture capitalists, from selling their shares for a set period of time. That agreement may require you to sign the lock-up agreement. If not, and if you are no longer affiliated with the company, you may not have to sign.
What does lock up expiration mean?
It is a contractual caveat outlining a period after a company has gone public when major shareholders are prohibited from selling their shares. Lock-up periods usually last between 90 and 180 days. Once the lock-up period ends, most trading restrictions are removed.
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