Slack IPO is coming via direct listing. Is there any lock up period? Can employees directly dump all thieir stocks on IPO day?
There shouldn't be a lockup period so ya, employees can dump stock on day 1
Good luck
There’s no lock up period for a stock that debuts by direct listing!
No lock out period. Only two classes of shares Common Stock A and Common Stock B. The stock will tank hard when everyone dumps it on Day 1.
I am buying.
With DPO there is no lockdown and employees can sell from the first day.
Definitely buying
Slack is not a bad tool, so I hope it goes right.