Certain Common Stock of Axis Co.,Ltd. are subject to a Lock-Up Agreement Ending on 28-MAR-2021.
March 28, 2021
Share
Certain Common Stock of Axis Co.,Ltd. are subject to a Lock-Up Agreement Ending on 28-MAR-2021. These Common Stock will be under lockup for 179 days starting from 30-SEP-2020 to 28-MAR-2021.
Details:
The lender Hirofumi Ogura, the sellers Hiroshi Hyuga and Yoshikazu Yokota, and the shareholders of the Company Koichi Ishikawa and Yuichi Shirakawa have agreed with SMBC Nikko Securities Inc. not to issue, transfer, or sell the Company's common stock (Including potential shares)and securities that have the right to acquire the Company's common stock on the day of the conclusion of the original underwriting contract without the prior written consent of the managing company starting from the date of conclusion of the original underwriting contract for the offering and sale by the underwriter's purchase transaction to March 28, 2021, which is 180 days from the date of listing (start of trading).
Axis Co Ltd is a Japan-based company mainly engaged in system integration business and cloud service business. The system integration business provides application and infrastructure system design and development work and operation and maintenance work for financial institutions, public institutions such as government offices, general business companies and their group companies. Business application development services is involved in the development and construction of financial institutions' derivative transactions, foreign currency fund transactions, bond management, risk management, account data migration and pension systems. In the infrastructure system construction service, it designs and builds various servers, networks, storage that make up the infrastructure system. The cloud service business provides KITARO, a fleet management service that enables real-time grasp of location information and mileage of working vehicles.