other material
confidence high
sentiment neutral
materiality 0.70
Remitly announces lockup expiration of 163.5M shares effective March 4, 2022
Remitly Global, Inc.
- Approximately 163.5 million shares become eligible for public trading at market open on March 4, 2022.
- Shares include pre-IPO stock and shares issuable upon option/RSU vesting on or before March 4.
- Shares held by affiliates remain subject to Rule 144 volume and other restrictions.
- Company also confirms Q4 and full-year 2021 earnings call scheduled for March 2, 2022.