$Grab Holdings (GRAB.US)$ Seems will bounce in the bottom fo...
Seems will bounce in the bottom for a while after the management team extend their lock period. So need to hold it for another year probably.
On March 14, 2022, the members of the Executive Committee of Grab Holdings Limited (“GHL”) namely, Anthony Tan, Hooi Ling Tan, Ming Maa, Peter Oey, Chin Yin Ong and Alex Hungate, entered into a deed in favor of GHL to extend the term of the lock-up with respect to their respective GHL shares for which the lock-up was initially scheduled to expire on May 30, 2022. In the case of Mr. Hungate, who joined GHL after the execution of the initial lock-up, the new lock-up will apply to any GHL shares that vest prior to the new extension date. The extended lock-up, which is due to expire on May 30, 2023, is on substantially the same terms as the lock-up that was due to expire on May 30, 2022. GHL believes that this extension is a reflection of the continued, collective belief by the members of the Executive Committee in the business fundamentals and prospects of GHL.
On March 14, 2022, the members of the Executive Committee of Grab Holdings Limited (“GHL”) namely, Anthony Tan, Hooi Ling Tan, Ming Maa, Peter Oey, Chin Yin Ong and Alex Hungate, entered into a deed in favor of GHL to extend the term of the lock-up with respect to their respective GHL shares for which the lock-up was initially scheduled to expire on May 30, 2022. In the case of Mr. Hungate, who joined GHL after the execution of the initial lock-up, the new lock-up will apply to any GHL shares that vest prior to the new extension date. The extended lock-up, which is due to expire on May 30, 2023, is on substantially the same terms as the lock-up that was due to expire on May 30, 2022. GHL believes that this extension is a reflection of the continued, collective belief by the members of the Executive Committee in the business fundamentals and prospects of GHL.
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Grabthecrab : You really think these blood sucker grab management do this for shareholder benefit ??? If they exercise their right and sell the shares now, what will happen to Grab share price??? All those Wall Street law firm sure will find reason to sue them hup side down again…. Anthony Tan graduate from Harvard or Cambridge le.. u really think he so stupid meh…
欢乐马77 OP Grabthecrab : Agree. They do this for their own interest for sure. But it also means we are at least on the same boat for another year. And they have every intention to boost the stock price before they could sell.
Andre88888888 : Most hyped local IPO become penny stock.. Don't know to laugh or cry![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
欢乐马77 OP Andre88888888 : Grab is still a good app, right? I used it once while in Singapore.
Andre88888888 欢乐马77 OP : Nah it's shit. I don't even use it anymore. Prices are ridiculous when demand. I used tada or comfort delgro itself.