Certain Common Stock of TORICO Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-SEP-2022.
September 18, 2022
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Certain Common Stock of TORICO Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-SEP-2022. These Common Stock will be under lockup for 180 days starting from 23-MAR-2022 to 19-SEP-2022.
Details:
Regarding the offering and the sale by accepting the underwriter's purchase transaction, Takuro Ando, shareholders of the Company, Mitsuru Koinuma, a shareholder of the Company, A Co., Ltd., 373 Co., Ltd., Jun Hamada, Mariho Takahashi, Takahashi Yotsuyanagi, Tomohiro Nakamichi, Shibusawa & Company Inc., Toshiyuki Nakamura, and Miki Ito, holder of the stock acquisition rights of the Company, have agreed with SMBC Nikko Securities (hereinafter referred to as the "leading managing company") not to issue, transfer or sell the Company's common stock (including potential stock) During the period from the date of conclusion of the principal underwriting contract for the sale to September 18, 2022, which is the 180th day from the listing (start of trading) date, without the prior written consent of the managing company.
The shareholders, Akira Ishii, Miyuki Watanabe, Masako Kumasaki, Atsushi Kudo, Yasuhiro Tsutsuguchi, Takahiro Shitobe, Hiroe Hamabata, Tatsuya Namba and Kaho Hayashi, have agreed not issue, transfer or sell the Company's common stock held by ourselves and the securities that have the right to acquire the Company's common stock During the period from the date of conclusion of the original underwriting contract without the prior written consent of the managing company.
Technology Ventures No. 3 Investment Business Limited Liability Union, our shareholder Mitsubishi UFJ Capital No. 5 Investment Limited Partnership, AJC Corporate Development Investment Limited Partnership, SuMi TRUST Innovation Investment Limited Partnershi, Japan Asia Investment, SMBC Venture Capital No. 1 Investment Limited Partnership and CARTA VENTURES Inc., agreed not to issue, transfer or sell our common stock held by ourselves and the securities that have the right to acquire our common stock on the date of conclusion of the principal underwriting agreement (However, the sale price is 1.5 times or more the issue price in the offer or the sale price in the sale, and the sale at the Tokyo Stock Exchange through the lead managing underwriter is excluded.), from June 20, 2022, which is the 90th day from the listing (starting of trading) date, starting on the date of conclusion of the original underwriting contract for the lead underwriter and the underwriting of the underwriter, without the prior written consent of the lead managing underwriter.
Torico Co Ltd is a Japan-based company mainly engaged in the manga business. The Company provides electronic commerce (EC) services, digital comic distribution services, and event services. The EC service operates online bookstores with different user groups and concepts, including Manga whole volume dot com (online bookstore specializing in comic whole volume set), Horin Love Books (online bookstore for women), and Manga King (online bookstore for men). The digital comic distribution service operates the domestic digital comic distribution service Skima and the overseas digital comic distribution service MANGA.CLUB, and edits and publishes its own original manga works. Through the event Manga Exhibition held at its own store, the event service provides manga fans with new opportunities for fun that cannot be accommodated by just browsing manga.