Certain Options of NerdWallet, Inc. are subject to a Lock-Up Agreement Ending on 3-MAY-2022.
May 02, 2022
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Certain Options of NerdWallet, Inc. are subject to a Lock-Up Agreement Ending on 3-MAY-2022. These Options will be under lockup for 181 days starting from 3-NOV-2021 to 3-MAY-2022.
Details:
The stockholders are subject to a market stand-off agreement with in which such stockholders have agreed that for a period of 180 days after the date of this prospectus, subject to specified exceptions, they will not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to sale of, or otherwise dispose of or transfer any shares of common stock or any securities convertible into or exercisable or exchangeable for shares of common stock, or enter into any swap or other agreement that transfers to another, in whole or in part, directly or indirectly, the economic consequence of ownership of the common stock.
NerdWallet, Inc. is a personal finance company. The Company offers NerdWallet, a consumer-first platform that empowers consumers and medium-sized businesses (SMBs). It provides consumer-driven advice about personal finance through its platform by connecting individuals and SMBs with providers of financial products. The Company's platform delivers a range of financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans. Its platform uses guidance and machine learning capabilities to help consumers with personalized insights. The Company enables its consumers to access its content and comparison-shopping marketplaces, plus a data-driven application, which helps them stay on top of their finances and save time and money. The Company's NerdWallet platform is available to consumers in the United States, United Kingdom, Canada, and Australia.