Solved

The Purpose of a Lockup Provision Is to ​

Question 69

Multiple Choice

The purpose of a lockup provision is to ​


A) keep individual investors from buying and selling stock.
B) prevent downward pressure on the stock's price.
C) increase the number of outstanding shares.
D) allocate a larger proportion of stock to institutional investors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions