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A 61-day lock-up on Vivani Medical shares ends Dec. 28, 2025, allowing executives to sell restricted stock.
A lock-up agreement for Vivani Medical, Inc. expires on December 28, 2025, ending a 61-day restriction that began October 28, 2025.
The agreement, applicable to approximately 63.2 million common shares and certain stock options, prohibits directors and executives from selling, transferring, or pledging their shares or convertible securities, with limited exceptions.
This measure, standard after public offerings, aims to prevent market flooding and stabilize stock prices during the initial trading period.
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Un bloqueo de 61 días en acciones de Vivani Medical termina el 28 de diciembre de 2025, lo que permite a los ejecutivos vender acciones restringidas.