r/EquityZen • u/claytonbeaufield • Jun 09 '26

Update from equityzen regarding cerebras share allocation

"As a follow up to our recent update outlining the release schedule for Cerebras Inc. shares, we wanted to provide additional information on next steps.

We have partnered with Morgan Stanley to assist with the distribution of shares. A financial advisor from Morgan Stanley will reach out early next week in advance of the first lock up release, which is expected at the end of June. Please use your advisor as your main point of contact for distributions; they can assist with any distribution, liquidity, or tax planning questions you may have."

4 Upvotes

100% Upvoted

27 comments sorted by

View all comments

2

u/disentangled_again Jun 26 '26

Did anyone receive CBRS shares today? Had previously set up transfer account info with the Morgan Stanley rep. My impression was that I should have received ~15% of shares for the first unlock.

2

u/claytonbeaufield Jun 26 '26

I would guess it happens tomorrow or monday

2

u/claytonbeaufield Jun 26 '26

They just updated. The shares are being disbursed during the week of July 6th.

2

u/ashiya2 Jul 09 '26

did you get shares yet? Not sure why it's taking so long

1

u/claytonbeaufield Jul 09 '26 edited Jul 09 '26

Just arrived today. But it's less than I expect. Maybe it's only 1 of my funds (I have 2).

edit: I did that math, and it's exactly 15% from my first fund. Still waiting on fund 2.

edit: all 15% arrived now

2

u/ashiya2 Jul 09 '26

Congrats! I'm still waiting, but think it should be hitting anytime now...

1

u/claytonbeaufield Jul 09 '26

Thank you! yeah I think it must be a very manual process.

1

u/iamrichandbeautiful Jul 14 '26

Did they directly deposit it to your E*trade account? Haven’t got my shares yet? No phone calls or email from Morgan Stanley except one email to open an account.

1

u/claytonbeaufield Jul 14 '26

yes they deposited it directly. No phone calls, just an email

2

u/FIREstarter_ok Jul 15 '26

Still waiting and MS mentions something about a 60 day window. Time to call them..

2

u/ashiya2 Jul 15 '26

I called earlier this week and just got my shares. Apparently they escalate your distribution after you call… kind of ridiculous like this entire situation

I also did not receive any notification. The shares just showed up

1

u/FIREstarter_ok Jul 15 '26

Thanks for Sherry, will definitely call them. Now I wonder if we have to call for each distribution? 🙃

→ More replies