Cellebrite DI (CLBT) has released an update.
Cellebrite DI Ltd. has hit a significant milestone, with its ordinary shares reaching a dollar volume-weighted average price of $12.50, triggering the issuance of 5 million new shares to existing shareholders. Additionally, 3 million shares have vested for TWC Tech Holdings II, LLC, as part of the conditions set in the 2021 Merger Agreement. This event is likely to influence Cellebrite’s stock performance and the interests of its shareholders.
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