How Long Is the "Lock-Up" Period That Is Commonly Found

question 27

Multiple Choice

How long is the "lock-up" period that is commonly found in an IPO underwriting contract?

• A)one month
• B)three months
• C)six months
• D)one year
• E)eighteen months

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Definitions:

Cent

The smallest unit of currency in many countries, equal to 1/100 of the base unit.

Insurance Broker

A professional intermediary who advises individuals and businesses on insurance needs and negotiates insurance contracts on their behalf with insurers.

Annual Premiums

Regular payments made yearly to keep an insurance policy active.

Renewals

The process of extending the period of validity of an agreement, policy, or subscription, often with updated terms or rates.