Certain Class B Common Stock of Cricut, Inc. are subject to a Lock-Up Agreement Ending on 21-SEP-2021.
September 20, 2021
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Certain Class B Common Stock of Cricut, Inc. are subject to a Lock-Up Agreement Ending on 21-SEP-2021. These Class B Common Stock will be under lockup for 181 days starting from 24-MAR-2021 to 21-SEP-2021.
Details:
The officers, directors and holders of substantially all of common stock have agreed with the underwriters, subject to certain exceptions, not to dispose of or hedge any of their Class A common stock, Class B common stock or securities convertible into or exchangeable for shares of Class A common stock or Class B common stock during the period from the date of this prospectus continuing through the date 180 days after the date of this prospectus, except with the prior written consent of the representatives.
Cricut, Inc. is a creative technology company. The Company designs and builds its ecosystem of connected cutting machines, accessories, and materials for scalability and integration. Its segments include Connected Machines, Subscriptions and Accessories and Materials. The Connected Machines segment is engaged in the sale of its connected machine hardware and related essential software. The Accessories and Materials segment consists of craft, do it yourself (DIY), home decor products and heat presses. The Company's products include a flagship line of smart cutting machines - the Cricut Maker series, the Cricut Explore series, and Cricut Joy series, and Cricit Venture series - accompanied by other tools like Cricut EasyPress, the Infusible Ink system, and a diverse collection of materials. The Cricut platform centers around its cloud-based app, Cricut Design Space, giving users access to create and work on their projects anywhere, at any time, across desktop and mobile devices.
CRICUT, INC. 
