Certain Common Stock of SpringBig Holdings, Inc. are subject to a Lock-Up Agreement Ending on 25-AUG-2023.
August 25, 2023
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Certain Common Stock of SpringBig Holdings, Inc. are subject to a Lock-Up Agreement Ending on 25-AUG-2023. These Common Stock will be under lockup for 91 days starting from 26-MAY-2023 to 25-AUG-2023.
Details:
The officers and directors have agreed with the Placement Agent to be subject to a lock-up period of 90 days following the closing date of this offering. This means that, during the applicable lock-up period, may not offer for sale, contract to sell, or sell any shares of Common Stock or any securities convertible into, or exercisable or exchangeable for, shares of Common Stock subject to certain customary exceptions.
SpringBig Holdings, Inc. is a provider of software platform to cannabis retailers and brands, providing data-driven loyalty, marketing and consumer buying experience solutions throughout the U.S. and Canada. The Company's platform connects consumers with retailers and brands, primarily through SMS marketing, as well as emails, customer feedback system, and loyalty programs, to support retailersâ and brandsâ customer engagement and retention. Its data solutions are purpose-built for the cannabis industry. It offers marketing automation solutions that provide for consistency in customer communication, thereby driving customer retention and retail foot traffic. In addition, the Company's reporting and analytics offerings deliver insights that clients utilize to understand their customer base, purchasing habits and trends. The Company serves approximately 1,300 brand and retailer clients across approximately 2,600 distinct retail locations in North America.
SPRINGBIG HOLDINGS, INC. 
