Take-private transactions have continued to outpace initial public offerings in Canada since the beginning of 2023. As discussed in our prior bulletin, M&A Take-Privates on a Roll, a significant portion of these take-private...more
Lock-up agreements prohibit company insiders (founders, directors, executive officers and major stockholders) and other pre-IPO stockholders from selling their shares for a period of time after an offering. Lock-ups are...more