Certain Restricted Stock Units of Credo Technology Group Holding Ltd are subject to a Lock-Up Agreement Ending on 5-MAR-2024.
March 04, 2024
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Certain Restricted Stock Units of Credo Technology Group Holding Ltd are subject to a Lock-Up Agreement Ending on 5-MAR-2024. These Restricted Stock Units will be under lockup for 91 days starting from 5-DEC-2023 to 5-MAR-2024.
Details:
The directors and our executive officers have agreed, or will agree, with the underwriters, subject to certain exceptions, not to dispose of or hedge any ordinary shares or securities convertible into or exchangeable for ordinary shares during the period from the date of this prospectus supplement continuing through the date 90 days after the date of this prospectus supplement.
Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Companyâs intellectual property (IP) solutions consist primarily of SerDes IP licensing.