Certain Stock Options of Turning Point Brands, Inc. are subject to a Lock-Up Agreement Ending on 3-MAY-2021.
May 02, 2021
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Certain Stock Options of Turning Point Brands, Inc. are subject to a Lock-Up Agreement Ending on 3-MAY-2021. These Stock Options will be under lockup for 76 days starting from 16-FEB-2021 to 3-MAY-2021.
Details:
The selling stockholders have agreed with the underwriter, subject to certain exceptions, not to dispose of or hedge any of their common stock or securities convertible into or exchangeable for shares of common stock during the period from the date of this prospectus supplement continuing through the date 75 after the date of this prospectus supplement, except with the prior written consent of the underwriter.
Turning Point Brands, Inc. is a manufacturer, marketer and distributor of branded consumer products. It sells a range of products to adult consumers consisting of staple products under the brands Zig-Zag and Stokerâs. Its segments include Zig-Zag Products (Zig-Zag), Stokerâs Products (Stokerâs) and Creative Distribution Solutions. Zig-Zag principally market and distribute rolling papers, tubes, and related products; finished cigars and make-your-own cigar wraps, and CLIPPER reusable lighters and other accessories. Stokerâs manufactures and markets moist snuff tobacco (MST) and contract for and market loose leaf chewing tobacco products. Creative Distribution Solutions segment markets and distributes liquid nicotine products and certain other products without tobacco and/or nicotine; distributes an assortment of products to non-traditional retail outlets via Vapor Beast, and markets and distributes an assortment of products to individual consumers via the VaporFi B2C online platform.