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Stock impact report

Brilliant Earth Announces The Early Lock-Up Release Date [TheStreet.com]

Brilliant Earth Group, Inc. (BRLT) 
Company Research Source: TheStreet.com
SAN FRANCISCO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. ("Brilliant Earth" or the "Company") (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced the early lock-up release date for certain shares of the Company's Class A common stock (the "Shares") under the terms of lock-up agreements entered into by the Company's directors, executive officers, and holders of substantially all of the Company's then-outstanding equity securities with the underwriters of the Company's initial public offering (the "IPO"). Subject to certain exceptions, the lock-up agreements restrict the ability of shareholders subject to them to sell or transfer any shares of the Company's capital stock until the earlier of (i) 180 days after September 22, 2021 and (ii) the second full trading day following the Company's second public release of financial results following September 22, 2021 (the period ending on the earl Show less Read more
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