Item 2.02  Results of Operations and Financial Condition.
On August 12, 2021, Cricut Inc. (the "Company") issued a press release and will
hold a conference call announcing its financial results for its second quarter
ended June 30, 2021. A copy of the press release is furnished herewith as
Exhibit 99.1 and incorporated herein by reference.
The information contained herein and in the accompanying exhibit are "furnished"
and shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to
the liabilities of that section, and shall not be incorporated by reference in
any filing under the Securities Act of 1933, as amended, or the Exchange Act
regardless of any general incorporation language in such filing, unless
expressly incorporated by specific reference in such filing.
Item 7.01  Regulation FD Disclosure.
The Company announces material information to the public through filings with
the Securities and Exchange Commission, or the SEC, the investor relations page
on the Company's website, press releases, public conference calls, webcasts, the
Company's news site at cricut.com/press and blog posts on the Company's
corporate website.
The information disclosed by the foregoing channels could be deemed to be
material information. As such, the Company encourages investors, the media and
others to follow the channels listed above and to review the information
disclosed through such channels.
Any updates to the list of disclosure channels through which the Company
announces information will be posted on the investor relations page on the
Company's website.
Item 8.01  Other Events.
Early Lock-Up Expiration; Expected Early Lock-Up Release Date
In connection with the Company's initial public offering of Class A common stock
(the "IPO"), each of the Company's directors and executive officers and other
holders of substantially all of the Company's outstanding equity securities as
of the IPO entered into lock-up agreements with the underwriters that restrict
their ability to sell or transfer their shares for a period of 180 days after
March 24, 2021.
The lock-up agreements provide that the restricted period will end with respect
to 25% of the shares subject to each lock-up agreement if, at any time beginning
90 days after March 24, 2021, (i) the Company filed at least one quarterly
report on Form 10-Q or annual report on Form 10-K and (ii) the last reported
closing price of the Company's Class A common stock is at least 33% greater than
the IPO price of the Company's Class A common stock for 10 out of any 15
consecutive trading days, including the last day of such 15-day period, ending
on or after the 90th day after March 24, 2021 (the "Early Release Conditions");
provided, further, that if, such restricted period ends during a trading
black-out period, the actual date of such early lockup expiration shall be
delayed until immediately prior to the opening of trading on the second trading
day following the first date that (i) the Company is no longer in a black-out
period under its insider trading policy and (ii) the closing price is at least
greater than the IPO Price.
On June 22, 2021, the Early Release Conditions were satisfied, and the Company
was in its standard quarterly trading black-out period.
In accordance with the lock-up agreements, the restricted period for the
eligible 25% of the shares subject to each lock-up agreement will end, and such
shares will become eligible for immediate sale in the public market, at the open
of trading on August 18, 2021, which is the second trading day following the
first date the Company is no longer in a black-out period, which occurs at the
start of the third full trading day following the date that the Company
announces its earnings results for its fiscal quarter ended June 30, 2021
(subject to the stock price exceeding IPO price, trading limitations on shares
held by affiliates of the Company, restrictions under the Company's insider
trading policy and continued vesting of any unvested equity awards as of such
date).
Item 9.01  Financial Statements and Exhibits.
(d)Exhibits

--------------------------------------------------------------------------------

Exhibit Number Exhibit Description


        99.1            Press Release issued by Cricut, Inc. dated     Augu    st 12    , 2021

© Edgar Online, source Glimpses