A lock-up agreement:
A) prevents the sale of "insider" shares for a specific period of time-often 12 to 36 months-after an initial public offering (IPO) .
B) prevents a small company from signing on with other underwriters to make an IPO.
C) prevents a company about to make an IPO from signing a union contract.
D) establishes the final price of the IPO so that it cannot fluctuate before the stock offering is actually made.
Correct Answer:
Verified
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