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ForgeRock, Inc. (NYSE: FORG), a leader in digital identity, has moved its earnings release for the fourth quarter and fiscal year ending December 31, 2021 to March 1, 2022. The company will host a conference call at 2:00 p.m. PT to discuss financial results. Additionally, the IPO lock-up termination date will change, with agreements terminating on March 4, 2022. This change affects holders of ForgeRock’s common stock involved in the company's recent IPO.
Positive
The earnings release date has been moved up, allowing investors to receive financial data sooner.
The scheduled call provides an opportunity for direct engagement with investors regarding company performance.
Negative
The change in IPO lock-up termination may lead to increased selling pressure from early investors.
SAN FRANCISCO--(BUSINESS WIRE)--
ForgeRock, Inc. (NYSE: FORG), a global identity leader, today announced it has moved up its earnings release for the fourth quarter and fiscal year ended December 31, 2021 to Tuesday, March 1, 2022.
ForgeRock will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, March 1, 2022 to discuss its financial results and business highlights. To access this conference call, dial 1-800-437-2398 or 1-323-289-6576 and use the conference ID 9878659. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of ForgeRock’s website at https://investors.forgerock.com.
IPO Lock-up Termination
As a result of moving up the earnings release for the fourth quarter and fiscal year ended December 31, 2021 to Tuesday, March 1, 2022, the IPO lock-up termination date will also change by one business day. Beginning at the opening of trading on Friday, March 4, 2022, the lock-up agreements that holders of substantially all of ForgeRock’s common stock and securities exercisable for or convertible into common stock entered into with Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC, as representatives of the underwriters for ForgeRock’s recent initial public offering, will terminate.
About ForgeRock
ForgeRock®, a global leader in digital identity, delivers modern identity and access management solutions for consumers, employees and things to simply and safely access the connected world. Using ForgeRock, more than 1,300 organizations around the world orchestrate, manage, and secure the complete lifecycle of identities from dynamic access controls, governance, APIs, and storing authoritative data – consumable in cloud or hybrid environments.
