Full Press Release Details
This is a courtesy message in response to the inquiries we have received and to which we cannot respond individually, as we are in a restricted communications period.
Please see summary response to most inquiries below:
• When will restrictions be lifted: If your shares are eligible for sale, the restrictions on your shares will be removed the evening before the listing day. At this point, you will also have received via the Odyssey portal an account statement of your shares which you may share with your broker. Please see “ Securities Law Considerations ” and “ Legends ” section of the Shareholder FAQs for further information.
• Are my shares restricted : The company has entered into voluntary ‘lockups’ with select shareholders. Additionally, insiders and individuals with material inside non-public information (MNPI) are restricted from selling. The company has not specifically sold shares with lockup provisions. Any and all additional restrictions would be based upon SEC ownership rules and managed by the transfer agency in conjunction with brokers.
• When can you move the shares to the broker: Immediately upon commencement of trading, a transfer request can be made from a brokerage to the transfer agency.
• When can you initiate a trade: Provided your broker has a copy of your account statement showing unrestricted shares, brokerages typically initiate trades as long as the shares are in the process of being transferred. For informational purposes only: most public market trades settle 1-2 days later; brokerages execute trades based upon the ability to view shares in another account statement. A trade can traditionally be ordered as long as the shares exist and are being moved.
• Where can you get your account statement: In your Odyssey account. To view your share balance, update your contact information, or generate an account statement, register for online account access by navigating to: https://uslogin.odysseytrust.com .
• When will my account statement show any/all unrestricted shares: The evening prior to the commencement of trading.
• If you plan to sell your shares on or shortly after the listing day: Discuss your plans with your broker and plan to initiate the transfer of shares from Odyssey immediately upon trading commencement, as well as provide a copy of your most up-to-date account statement at that time for any/all trade orders.
A detailed FAQ style document outlining the details was also added to Odyssey portal under ‘Documents’.
Reminder: We cannot selectively communicate with individual shareholders during this restricted period. All shareholder questions and inquiries must be directed to Odyssey at contactus@odysseytrust.com .
Disclaimer: The information provided in this communication is for general informational purposes only and is not intended to constitute legal, financial, or investment advice. Individual circumstances may vary, and you should consult with your own legal, financial, or tax advisors to determine the applicability of the information to your specific situation before taking any actions. The company is not responsible for any decisions made based on the information provided herein.