DigitalGlobe announced that lock-up agreements entered into with its underwriters in conjunction with its initial public offering will be extended 18 days beyond the Company’s November 9, 2009 earnings release.
The lock-up period was due to expire on November 9, but the Company’s underwriting agreement provided for an automatic extension, depending on the timing of DigitalGlobe’s quarterly earnings press release.
The first sales of shares restricted by the underwriter’s lock-up may take place on Friday, November 27, 2009.
For more information please visit www.digitalglobe.com