BLT 0.00% 2.6¢ benitec biopharma limited

Lock up period over, page-18

  1. 7,072 Posts.
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    I could be wrong, but I don't think the lock up period applies to Sabby. I think it was intended to protect the underwriter from existing owners (specifically company insiders) dumping their shares in the IPO. The details are in the prospectus, but I haven't read that in while and don't remember how far the lock up extended.
    SEC filings suggest to me Sabby has been selling/transferring some shares, but a net increase in holding overall.

    Any way, it is interesting that the only substantial holder we have on the register is accumulating!
 
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Currently unlisted public company.

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