Applied Blockchain Announces Expiration of Share Lock-Up
Applied Blockchain Announces Expiration of Share Lock-Up
Applied Blockchain, Inc. (NASDAQ:APLD) ("Applied Blockchain" or the "Company") today announced the expiration of a share lock-up agreement. In connection with the Company's initial public offering, on April 12, 2022, 2,040,000 shares of previously existing Applied Blockchain preferred stock were converted into 36,441,489 shares of the Company's common stock (after giving effect to a one-for-six reverse stock split). The converted stock was restricted from sale until June 11, 2022, after which the shares became freely tradeable pursuant to an effective Registration Statement on Form S-1 (Reg. No. 333-258818).
Applied Blockchain, Inc. (NASDAQ:APLD) ("Applied Blockchain" or the "Company") today announced the expiration of a share lock-up agreement. In connection with the Company's initial public offering, on April 12, 2022, 2,040,000 shares of previously existing Applied Blockchain preferred stock were converted into 36,441,489 shares of the Company's common stock (after giving effect to a one-for-six reverse stock split). The converted stock was restricted from sale until June 11, 2022, after which the shares became freely tradeable pursuant to an effective Registration Statement on Form S-1 (Reg. No. 333-258818).
應用區塊鏈有限公司(納斯達克股票代碼:APLD) (“應用區塊鏈” 或 “公司”)今天宣佈股票封鎖協議到期。在公司的首次公開募股中,2022年4月12日,2,040,000股先前存在的應用區塊鏈優先股被轉換爲36,441,489股公司普通股(在實行一比六的反向股票拆分之後)。轉換後的股票在2022年6月11日之前被限制出售,之後根據S-1表格上的有效註冊聲明(Reg.編號 333-258818)。
譯文內容由第三人軟體翻譯。
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