2,010,400 Options of Beforepay Group Limited are subject to a Lock-Up Agreement Ending on 15-JAN-2024.
January 14, 2024
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2,010,400 Options of Beforepay Group Limited are subject to a Lock-Up Agreement Ending on 15-JAN-2024. These Options will be under lockup for 734 days starting from 11-JAN-2022 to 15-JAN-2024.
Details:
11,633,064 Shares classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
71,400 options exercisable at $1.30 each on or before 30 June 2024, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
1,635,400 options exercisable at $1.30 each on or before 30 June 2024, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
181,600 options exercisable at $0.8793 each on or before 1 July 2031, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
60,600 options exercisable at $0.8793 each on or before 1 July 2031, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
41,400 options exercisable at $6.82 each on or before 27 January 2024, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
20,000 options exercisable at $1.30 each on or before 1 August 2026, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.
882,214 Shares classified by ASX as restricted securities and to be held in escrow until 1 February 2022, being 12 months from the date on which the restricted securities were issued.
34,563 Shares classified by ASX as restricted securities and to be held in escrow until 15 February 2022, being 12 months from the date on which the restricted securities were issued.
63,500 Shares classified by ASX as restricted securities and to be held in escrow until 14 April 2022, being 12 months from the date on which the restricted securities were issued.
1,191,154 Shares classified by ASX as restricted securities and to be held in escrow until 5 May 2022, being 12 months from the date on which the restricted securities were issued.
969,729 Shares classified by ASX as restricted securities and to be held in escrow until 1 September 2022, being 12 months from the date on which the restricted securities were issued.
63,500 options exercisable at $6.82 each on or before 15 September 2023, classified by ASX as restricted securities and to be held in escrow until 21 October 2022, being 12 months from the date on which the restricted securities were issued.
Beforepay Group Limited is an Australia-based lending fintech company. The Company is engaged in providing finance to its customers by way of pay on demand advances. The Company advances people relatively small sums of money (around $360 on average) over relatively short periods of time (three-four weeks on average), to enable people to get through a short term challenge. Its flagship pay advance product is a way for customers to access a portion of their pay, on demand, for a single fixed fee to help them through short-term cash-flow challenges. Its solutions support financial empowerment, providing customers with in-app tools for budgeting, spending insights and content on financial health to enhance their ability to make informed fiscal decisions. Its Beforepay is an application that helps Australians access their pay on demand, track their spending habits and learn how to budget. Its subsidiaries include Beforepay Finance Pty Ltd, Beforepay Ops Pty Limited and Beforepay IP Pty Ltd.