ThredUp IPO lock-up release accelerated; remaining shares eligible for sale on August 27, 2021

ThredUp Inc.

Remaining IPO lock-up shares become eligible for public sale at open of trading on August 27, 2021.
Earlier on May 12, 2021, 20% of shares held by non-exec employees/contractors subject to lock-up were released.
Release triggered because original lock-up expiry (Sept 21, 2021) falls during a company trading blackout period.
Release applies to shares of directors, executive officers, and all other locked-up holders, subject to follow-on offering lock-ups and affiliate restrictions.

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