other material
confidence high
sentiment neutral
materiality 0.55
Brilliant Earth early lock-up release: ~0.7M shares eligible Dec 7; 12.4M held by insiders delayed to Dec 22
Brilliant Earth Group, Inc.
- Lock-up conditions met Nov 26, 2021; early release of 15%-25% of shares for various holders on Dec 7.
- Up to ~0.7M shares of Class A common stock become tradeable at open Dec 7, subject to SEC Rule 144/701.
- Approximately 12.4M shares held by directors, officers, and affiliates not tradable under Rule 144 until Dec 22.
- Early release triggered by share price and other conditions being satisfied on Nov 26.