Certain Common Stock of Arteris, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2022.
April 24, 2022
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Certain Common Stock of Arteris, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2022. These Common Stock will be under lockup for 181 days starting from 26-OCT-2021 to 25-APR-2022.
Details:
The officers, directors and holders of substantially all outstanding capital stock and other securities have agreed that they will not sell or offer to sell any shares of common stock, options, warrants or other rights to acquire shares of common stock or any securities exchangeable or exercisable for or convertible into shares of common stock, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into shares of common stock, for a period of 180 days after the date of the final prospectus without the prior written consent of Jefferies LLC.
Arteris, Inc. is a provider of semiconductor system IP, including interconnect and other intellectual property, (collectively, System IP) technology. Its System IP technology manages the on-chip communications and IP block deployments in system-on-chip (SoC) semiconductors and systems of chiplets. The Company provides semiconductor interconnect IP and SoC Integration Automation software (SIA) solutions to serve its target end-markets, including automotive, enterprise computing, consumer electronics, communications across wired and wireless, and industrial segments. Its semiconductor IP product portfolio includes Non-coherent NoC IP, with FlexNoC and FlexWay, Cache-coherent NoC IP, with Ncore and Last-level cache, with CodaCache. Its SIA technology suite of Magillem and CSRCompiler products cover the key capabilities for SoC integration automation and overall SoC development acceleration. The Magillem connectivity product shortens and streamlines the SoC integration process.