other material
confidence high
sentiment neutral
materiality 0.55
Milestone Scientific enters lock-up agreement with 11.31% shareholder BP4 after $2.5M offering
MILESTONE SCIENTIFIC INC.
- BP4 S.r.l., holder of 11.31% of MLSS common stock, agrees to 12-month lock-up after $2.5M offering.
- Lock-up release tranches: 33.33% at $0.50, additional 33.3% at $0.70, final 33.3% at $0.90 (10 consecutive trading days).
- BP4 shareholders approved the MOU on January 15, 2026.
- Customary underwriter exceptions apply; distributions to BP4 shareholders permitted upon price triggers.