The Mattersight Resale S-3 Registration Statement Declared Effective: SEC

So -- as of 8:30 AM EDT this morning, all or any of the 2.36 million MATR shares owned by IGC Fund VI, L.P. may be resold immediately. No word on whether the institutional investor(s) will begin selling on Tuesday after the holiday -- or sit on the sidelines -- for weeks, or months, even.

Here is the effectiveness order -- and here is the final prospectus, listing the resale shares.

The company will receive no proceeds from these shares -- and we should expect that the sales, once they begin, will act as a cap on the market price of MATR shares.