Certain Shares of CIRCULATION Co.,Ltd. are subject to a Lock-Up Agreement Ending on 22-JAN-2022.
January 22, 2022
Share
Certain Shares of CIRCULATION Co.,Ltd. are subject to a Lock-Up Agreement Ending on 22-JAN-2022. These Shares will be under lockup for 179 days starting from 27-JUL-2021 to 22-JAN-2022.
Details:
Masatoshi Kubota, the seller and lender, Masato Yamaguchi, Yu Fukuda, the seller, and New Identity Creation Co., Ltd., a shareholder of the Company, are the main sellers in connection with the offering and the sale by the underwriter. During the period from the conclusion of the principal underwriting contract to January 22, 2022, which is the 180th day after the listing (starting of trading) date (including the day), the lead managing underwriter Without the prior written consent of the managing underwriter, the Company's common stock will be sold (however, the Company's common stock will be lent for sale by underwriter's purchase transaction, sale by over-allotment, and will be subject to the Green Shoe Option. they have agreed not to carry out such matters as the acquisition of the Company's common stock by the lead managing underwriter.
Circulation Co Ltd is a Japan-based company mainly engaged in the provision of professional sharing business. Professional sharing is a new human resources utilization model in which a company utilizes the experience and knowledge of external professional human resources on a project-by-project basis, rather than hiring or dispatching, to solve its management issues. It provides four types of services. ProSharing Consulting is a management problem solving support service mainly for managers of small and medium-sized enterprises, venture companies, and large companies. Chief technology officer (CTO) experienced/engineer/designer support service FLEXY is a quasi-delegation contract type service. New business start-up support service Open Idea solicits ideas from professional human resources. Business succession support service Business Succession that Connects People focuses on people, organizations and growth strategies and provides specialized human resources to local companies.