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A SPAC Risk Exposed?
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Enovix, Menlo Park-based Sight Sciences make Wall Street debuts - Silicon Valley Business Journal
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Matterport Expands its On-Demand Capture Services to an Additional 14 U S Cities
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Matterport Expands its On-Demand Capture Services to an Additional 14 U S Cities
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Ex-Matterport CEO Sues Over Stock Trading Restrictions
Law360 (July 13, 2021, 7:27 PM EDT) The former CEO of Matterport Inc. launched a lawsuit against the 3D model maker in Delaware Chancery Court on Tuesday claiming that it is trying to unilaterally apply a number of onerous restrictions on his shares of the company that don t track with the treatment other shareholders are getting.
Bill Brown said Matterport, whose shares will soon be traded publicly, has retroactively imposed the restrictions on his 1.3 million shares, including, among other things, prohibitions against freely trading his stock for the 180-day period following the company s reorganization.