Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / lock-up-waiver-consent-ridgeline.docx
lock-up-waiver-consent-ridgeline.docx
Parties
RIDGELINE SECURITIES LLC
Penterra Pharmaceuticals Corp
Harkness LLP
Broadmark Capital Inc
Harborview Partners LLC
Strauss LLP
Garza LLP
Castellano Family Holdings LLC
Dates
September 29, 2023
April 17, 2023
October 14, 2023
September 18, 2023
October 12, 2023
October 17, 2023
July 14, 2023
August 22, 2023
January 15, 2024
Amounts
$0.001
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Lock-Up Agreements
Without limiting the generality of the foregoing, any shares of Common Stock that are subject to the underwriters' over-allotment option in connection with the Secondary Offering but are not ultimately purchased by the underwriters upon exercise (in whole or in part) of such over-allotment option, and any shares of Common Stock that are otherwise not sold in the Secondary Offering for any reason, shall remain subject to the Lock-Up Agreements and the restrictions contained therein until the natural expiration of the Lock-Up Period on October 14, 2023
Waiver of Advance Notice Requirement Ridgeline acknowledges that Section 4(b) of each Lock-Up Agreement contains a customary provision requiring that, in the event the Lead Underwriters determine to grant a waiver or early release of the lock-up restrictions with respect to any stockholder, no fewer than fourteen (14) calendar days' advance written notice shall be provided to the Company and to the affected stockholder(s) prior to the effectiveness of such waiver or early release (the "Advance Notice Requirement")
The New Lock-Up Agreements shall be entered into in favor of Ridgeline Securities LLC and Broadmark Capital Inc
Counterparts This consent letter may be executed in one or more counterparts (including by facsimile or portable document format (PDF) transmission), each of which shall be deemed an original, and all of which together shall constitute one and the same instrument
Delivery of an executed counterpart of a signature page of this consent letter by facsimile or electronic transmission (including PDF) shall be effective as delivery of a manually executed counterpart hereof