Sprinklr Announces Early Lock-Up Release
03 November 2021 - 11:30PM
Business Wire
Sprinklr (NYSE: CXM), the unified customer experience management
(Unified-CXM) platform for modern enterprises, today announced that
a partial early lock-up release will occur immediately prior to the
opening of trading on November 5, 2021 with respect to its shares
of Class A common stock, par value $0.00003 per share, pursuant to
the terms of certain lock-up agreements entered into by Sprinklr’s
directors, executive officers, employees, former employees, and
certain other stockholders with the underwriters of Sprinklr’s
initial public offering.
Pursuant to the terms of the lock-up agreements, the lock-up
restrictions automatically end with respect to 30% of eligible
securities owned as of June 14, 2021. The lock-up restrictions will
continue to apply with respect to all remaining securities subject
to the lock-up agreements.
About Sprinklr
Sprinklr is a leading enterprise software company for all
customer-facing functions. With advanced AI, Sprinklr's unified
customer experience management (Unified-CXM) platform helps
companies deliver human experiences to every customer, every time,
across any modern channel. Headquartered in New York City with
employees around the world, Sprinklr works with more than 1,000 of
the world’s most valuable enterprises — global brands like
Microsoft, P&G, Samsung and more than 50% of the Fortune
100.
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Investor Relations Contact ir@sprinklr.com Press
Contact Rachel Alvarez pr@sprinklr.com
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