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If someone is telling you, you are subject to a lock-up agreement, and your firm signed nothing with the lead underwriter, they are either lying or misinformed. Lockups are a silly contract with underwriter (primarily to help engineer a secondary). Prove me wrong. I’ll correct. Also - it’s never been enforced. The underwriting bank would have to sue for breach of contract. I asked AI for “best example” of lock-up breach lawsuit. It couldn’t find one. Try it yourself. Find a counter point, PLEASE share.