Certain Class B Common Stock of Duolingo, Inc. are subject to a Lock-Up Agreement Ending on 24-JAN-2022.
January 23, 2022
Share
Certain Class B Common Stock of Duolingo, Inc. are subject to a Lock-Up Agreement Ending on 24-JAN-2022. These Class B Common Stock will be under lockup for 181 days starting from 27-JUL-2021 to 24-JAN-2022.
Details:
The officers and directors and the holders of substantially all of shares of capital stock, including the selling stockholders, have agreed with the underwriters, subject to certain exceptions, not to dispose of or hedge any of their Class A common stock or securities convertible into or exchangeable for shares of Class A 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 Goldman Sachs & Co. LLC.
Duolingo, Inc. is a technology company, which provides a mobile learning platform. The flagship application, Duolingo, is a language learning application. Duolingo is available in the education category on both Google Play and the Apple App Store. Duolingo offers courses in over 40 languages to more than 85 million monthly active users. Duolingo can also be accessed via desktop computers via a Web browser at https://duolingo.com. Both math and music courses are integrated into the Duolingo App and are available on iOS devices. Course content on Duolingo can be accessed for free. Its subscription offering, Super Duolingo, offers learners additional features to enhance their learning experience. It also launched a family plan, which includes up to six subscribers under one annual plan. The Duolingo English Test is an online English proficiency assessment. Anyone with a computer, webcam and Internet connection can take the test from anywhere, at any time.
DUOLINGO, INC. 
