secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001484778-21-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477821000078/0001484778-21-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477821000078/tdup-20210820.htm
  HTML page:      https://secwatch.observer/filing/0001484778-21-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer