Certain Common Stock of Sonos, Inc. are subject to a Lock-Up Agreement Ending on 29-JAN-2019.
January 29, 2019
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Certain Common Stock of Sonos, Inc. are subject to a Lock-Up Agreement Ending on 29-JAN-2019. These Common Stock will be under lockup for 181 days starting from 1-AUG-2018 to 29-JAN-2019.
Details:
The directors, executive officers and the holders of substantially all of common stock and securities convertible into or exercisable for common stock have entered into lock-up agreements or market standoff provisions in agreements with us that, for a period of at least 180 days following the date of this prospectus and subject to certain exceptions, prohibit them from offering for sale, selling, contracting to sell, granting any option for the sale of, transferring or otherwise disposing of any shares of our common stock and of any securities convertible into or exercisable for common stock, without the prior written consent of Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC.
Sonos, Inc. designs, develops, manufactures and sells audio products and services. The Company has developed multi-room, wireless audio products. Its platform has a broad range of more than 130 streaming content providers, such as Apple Music, Spotify and Pandora. The Company outsources the manufacturing of its speakers and components to contract manufacturers, who produce its products based on its design specifications. Its product categories include speakers, portable speakers, home theater, sets, architectural, audio components and accessories. The Company's products include Arc, Beam (Gen 2), Ray, Era 100, Era 300, Roam, Move 2, Sub (Gen 3), Sub Mini, Five and Amp. Its partner products include Sonos Pro, Audi Partnership, Sonos Radio HD, Sonos Radio, Sonos Architectural by Sonance, IKEA module units and accessories. Its Move 2 product is a portable, battery-powered smart speaker that delivers spacious stereo sound, with water-resistant design for outdoor and indoor listening.
SONOS, INC. 
