Lock-up period waived for pre-IPO stockholders of Pulse Biosciences

|About: Pulse Biosciences (PLSE)|By:, SA News Editor

MDB Capital Group, the underwriter of Pulse Biosciences (NASDAQ:PLSE) IPO informs the Company that it had immediately and irrevocably waived the lock-up provisions for pre-IPO stockholders holding ~3.9M shares of common stock.

These stockholders, including some of the Company’s directors and 5% holders would have been subject to the lock-up until May 17 under the terms of the existing lock-up agreements.