Piggy-Back Rights are registration rights that allow investors to include (“piggy-back”) their shares in a company’s registered public offering when the company (or another holder) initiates a registration statement. In venture-backed IPOs, Piggy-Back Rights provide a path for certain holders to obtain liquidity, and Piggy-Back Rights are typically subject to underwriter cutbacks and eligibility thresholds.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
