FW: Foundation Medicine
Hi Rodi,
Hope you are having great 4th!
Sorry to bother you — can you please send me a copy of closing documents with Foundation Medicine, any documents describing restrictions (of sale) etc!
THANK YOU
Boris
Hi Boris,
The lock-up agreement that we negotiated in connection with the proposed public offering is attached. This will become effective once the company files its preliminary prospectus (they will give us notice) and continue for 180 days after the public offering.
In the meantime, the private company securities we hold have restrictions on transfer— you can see the language in section 2.8 and 2.10 of the Investor Rights Agreement — so we would need to run some traps with the company in order to sell shares before the company goes public and the lock-up expiration.
What do you have in mind / how can we help?
Please see belowc; but it is not impossible
Please talk to Larry
B
