Ann: Release of Escrow Securities, page-2

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    KEY TAKEAWAYS

    • Escrowed shares are stocks that are held in an escrow account.
    • Escrow means that the shares are held by a third party until certain conditions have been met to reduce counterparty risk in a transaction.
    • Companies will also issue stock in escrow, imposing limitations on when the shares can be sold, as part of an employee's compensation plan.
    • Mergers and acquisitions often require shares of the target company to be held in escrow until the deal is finalized.
    • Under a compensation plan, companies often hold their stock in escrow to retain executive employees.
    does anybody know why ipx has securities in escrow shares?
    is it for a merger??
 
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