Certain Common Stock of DAIEISANGYO Co.,Ltd. are subject to a Lock-Up Agreement Ending on 1-DEC-2019.
December 30, 2019
Share
Certain Common Stock of DAIEISANGYO Co.,Ltd. are subject to a Lock-Up Agreement Ending on 1-DEC-2019. These Common Stock will be under lockup for 181 days starting from 3-JUN-2019 to 1-DEC-2019.
Details:
Shin Ozono, the seller and lender, Tomoko Ichinose, the seller, and company's shareholders, Ozono Hidehiko, Tsumugu Co., Ltd., Hiroyuki Miyachi, Kenji Ichinose, Tatsuaki Okamoto, Yoshiaki Chihara and Kazunori Takeuchi have agreed with the lead manager that during the period from November 30, 2019 to the 180th day after the listing date from the date of the conclusion of the original underwriting agreement, they will not sell our common stock without the prior written consent of the lead manager company.
Company’s The No. 3 warrants holders:Kozo Akutagawa, Takanori Fujisaki, Yoshitaka Koda, Koji Fukushi, Isao Yonekawa, Naomi Kitsuki, Koichi Honda, Shingo Tanaka, Yoshinori Tanaka, Kazuhiro Enomoto, Takuya Tsukinari, Shingo Tanizaki, Hideki Takebe, Teppei Takeshita, Keitaro Mori, Yoshito Ito, Tokinori Ogawa, Yoshinori Hirotani, Takafumi Otsuka,Takayuki Chinzei,Takashi Asano and Takanori Nakagawa, have agreed with the lead manager that they will not sell our common stock (including potential shares) during the period from the date of the conclusion of the original underwriting agreement to the 90th day after the listing date, which is September 1, 2019, without the prior written consent of the lead manager company.
DAIEISANGYO Co., Ltd. is a Japan-based company engaged in the sale of newly built apartments and newly built single-family houses. The Company operates through two business segments. The Condominium Business segment is engaged in the condominium sales business including the sale of newly built condominiums. It is also engaged in the rental condominium sales business including the sale of a single block of rental apartments for investment. The Housing Business segment is engaged in the residential housing business including the sale of newly-built single-family units, custom-made housing business including the sale of custom-built houses and new built-for-sale single-family houses, as well as the real estate brokerage and remodeling business. The Company is also engaged in the water supply business and real estate leasing business.