Take-Two Interactive Software Lock-Up Agreement Expires on August 4, 2025.

Certain Take-Two Interactive Software options are subject to a lock-up agreement ending on August 4, 2025. Directors and executive officers have entered into lock-up agreements with underwriters, limiting their ability to sell or transfer shares of the company's common stock during the 75-day restricted period starting from May 20, 2025.

Certain Take-Two Interactive Software options are subject to a lock-up agreement ending on August 4, 2025. Directors and executive officers have entered into lock-up agreements with underwriters, limiting their ability to sell or transfer shares of the company's common stock during the 75-day restricted period starting from May 20, 2025. This agreement is part of the company's ongoing efforts to secure funding and maintain investor confidence.

The lock-up agreement is designed to prevent insider selling and ensure that the company's stock remains stable during the initial public offering (IPO) period. It allows the company to raise capital and provides a measure of stability for investors. The agreement will remain in effect until August 4, 2025, after which directors and executive officers will be free to sell or transfer their shares without any restrictions.

This lock-up agreement is a common practice in the financial industry and is used to manage the risk of insider selling and maintain the integrity of the stock market. It is an important factor for investors to consider when evaluating Take-Two Interactive Software's stock.

References:
[1] https://finance.yahoo.com/news/two-interactive-stock-beating-market-093500535.html
[2] https://www.marketscreener.com/news/certain-restricted-stock-units-of-xilio-therapeutics-inc-are-subject-to-a-lock-up-agreement-ending-ce7c5fd3df88f124