Legal Question in Investment Law in Connecticut
Hello,
If you have stock in a company that is about to IPO and the company asks you to extend your "right to (not) sell" for 6 months after the IPO because they "want to maximize their share price by only selling company stock" as well as mention that "failure to agree to this could adversely affect the IPO" is there validity to the latter and could agreeing or not (agreeing) to the former affect your personal potential value?
Many Thanks!
1 Answer from Attorneys
There may be some validity for such a request. However, to an extent, complying with such a request could depend on prior agreements you have signed with the company. Such agreements would need to be reviewed by an attorney.
I can assist you in this matter. The cost should not be high. Feel free to contact my office at your earliest convenience.
Roman R. Fichman, Esq.
www.TheLegalist.com │ @TheLegalist
email: Info (@) TheLegalist (dot) com
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