Certain Common Stock of Goodspeed. Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-OCT-2019.
October 22, 2019
Share
Certain Common Stock of Goodspeed. Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-OCT-2019. These Common Stock will be under lockup for 181 days starting from 24-APR-2019 to 22-OCT-2019.
Details:
Hisanori Kato, the lender, and the company’s shareholder, Anela Co., Ltd., have agreed with the lead manager that they will not sell the company’s common stock without the prior written consent of the lead manager for the period from October 21, 2019 to the 180th day after the listing date.
Good Speed Co Ltd is a Japan-based company principally involved in the sale of used cars and motorcycles, automobile sales, and related businesses. The Company provides used car sales, car purchasing, maintenance and body repair, insurance agency, rental car, and gas station services. The used car sales business operates MEGA specialty stores for used cars, domestic car specialty stores, and imported car specialty stores. The car acquisition business acquires cars through batch acquisition assessment sites operated by multiple companies. The maintenance and sheet metal business provides services such as the maintenance of sold cars and car inspections. Insurance agency business provides agency service of general insurance companies. The car rental business provides vehicle rental services.