Certain Restricted Stock Units of MongoDB, Inc. are subject to a Lock-Up Agreement Ending on 28-AUG-2021.
August 27, 2021
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Certain Restricted Stock Units of MongoDB, Inc. are subject to a Lock-Up Agreement Ending on 28-AUG-2021. These Restricted Stock Units will be under lockup for 60 days starting from 29-JUN-2021 to 28-AUG-2021.
Details:
The directors, executive officers and certain holders of Class A common stock and securities exercisable for shares of Class A common stock have agreed that, have agreed or will agree that, subject to specified limited exceptions, for a period of 60 days from the date of this prospectus, they will not, without the prior written consent of Morgan Stanley & Co. LLC on behalf of the underwriters, dispose of or hedge any shares or any securities convertible into or exchangeable for Class A common stock..
MongoDB, Inc. specializes in developing and operating a development database platform. The group offers the intuitive and scalable MongoDB multi-cloud platform, enabling developers to create, modernize, deploy and manage applications in the fields of Artificial Intelligence, Edge computing, Internet of Things, mobile applications and payment technology. Net sales break down by source of income as follows:
- subscription sales (96.2%);
- service sales (3.8%).
At the end of January 2023, the group had more than 40,800 customers.
Net sales are distributed geographically as follows: Americas (60.9%), Europe-Middle East-Africa (28.2%) and Asia-Pacific (10.9%).