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Ethos Technologies Inc. Implements Multi-Class Stock Structure Ahead of IPO
LIFE
Executive Compensation
- Ethos Technologies Inc. has implemented a multi-class common stock structure in connection with its initial public offering (IPO), creating Class A Common Stock with one (1) vote per share and Class B Common Stock with twenty (20) votes per share.
- On January 28, 2026, the company entered into Exchange Agreements with Co-Founders Peter Colis and Lingke Wang, their affiliates, and entities affiliated with Accel and Sequoia Capital, allowing them to exchange Class A Common Stock for Class B Common Stock on a one-for-one basis immediately prior to the IPO closing.
- Additionally, on January 28, 2026, Equity Exchange Right Agreements were established with the Co-Founders, granting them the right to exchange future Class A shares (from equity awards) for Class B shares on a one-for-one basis.
- An Amended and Restated Certificate of Incorporation establishing this structure was filed on January 30, 2026, effective upon the closing of the IPO.
5 days ago
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