Certain Common Stock of The Duckhorn Portfolio, Inc. are subject to a Lock-Up Agreement Ending on 14-SEP-2021.
September 13, 2021
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Certain Common Stock of The Duckhorn Portfolio, Inc. are subject to a Lock-Up Agreement Ending on 14-SEP-2021. These Common Stock will be under lockup for 181 days starting from 17-MAR-2021 to 14-SEP-2021.
Details:
The company's directors, executive officers and holders of substantially all of outstanding capital stock or other equity interests in the company have agreed that, without the prior written consent of J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC, they will not, subject to limited exceptions, directly or indirectly sell or dispose of any shares of common stock or any securities convertible into or exchangeable or exercisable for shares of common stock for a period of 180 days after the date of this prospectus.
The Duckhorn Portfolio, Inc. is a luxury wine company in North America. The Company offers a curated and comprehensive portfolio of luxury wines with price points ranging from $20 to $230 across more than 15 varietals and 39 appellations. The Companyâs portfolio features some of North Americaâs wineries, including Duckhorn Vineyards, Decoy, Sonoma-Cutrer, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Postmark, Canvasback and Greenwing. It sources grapes from its own Estate vineyards and fine growers in Napa Valley, Sonoma County, Anderson Valley, Californiaâs North and Central coasts, Oregon and Washington State. Its wines are available throughout the United States, on five continents, and in more than 50 countries around the world. The Company operates over eleven wineries, ten winemaking facilities, eight tasting rooms and over 2,200 coveted acres of vineyards spanning 38 estate properties.