QualityStocksNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Voluntary Lock-up Agreements
Aterian (NASDAQ: ATER) today announced that certain stockholders have voluntarily entered into lock-up agreements with the company with respect to an aggregate of 4,058,116 shares of common stock (“lock-up shares”), or 13.3% of the total issued and outstanding shares of common stock of the company as of March 31, 2021. Per the update, Aterian’s co-founder and CEO Yaniv Sarig agreed to lock up all of the shares that he controls through Jan. 1, 2022. Also included among the stockholders who agreed to lock up a portion of the shares that they control through Dec. 1, 2021, are the company’s co-founders,…