Big announcement for Nurosene Health Inc. ( MEND.C $MNNDF )
$MEND announced today that its founder and early investors have entered into agreements to extend certain release dates under the lock-up agreements they entered into in connection with $MEND's IPO.
19 agreements were executed to extend the lock-up in total.
As the press release states, "Common shares subject to these agreements originally scheduled for release from lock-up on December 9, 2021 and February 9, 2022 will now be released on August 9, 2022 and October 9, 2022, respectively"
As a result, over 4M common shares will be subject to a later release on the new release dates.
Personally, I think that this shows that the insiders have a lot of fate in $MEND's share price rising over the next year, but what do y'all think this news indicates?
$MEND.C @ $1.14/share (up 3.64%)
https://ca.finance.yahoo.com/news/nurosene-announces-extension-voluntary-lock-145200478.html
$MEND announced today that its founder and early investors have entered into agreements to extend certain release dates under the lock-up agreements they entered into in connection with $MEND's IPO.
19 agreements were executed to extend the lock-up in total.
As the press release states, "Common shares subject to these agreements originally scheduled for release from lock-up on December 9, 2021 and February 9, 2022 will now be released on August 9, 2022 and October 9, 2022, respectively"
As a result, over 4M common shares will be subject to a later release on the new release dates.
Personally, I think that this shows that the insiders have a lot of fate in $MEND's share price rising over the next year, but what do y'all think this news indicates?
$MEND.C @ $1.14/share (up 3.64%)
https://ca.finance.yahoo.com/news/nurosene-announces-extension-voluntary-lock-145200478.html