Certain Common Stock of I-ne CO., LTD. are subject to a Lock-Up Agreement Ending on 24-MAR-2021.
March 24, 2021
Share
Certain Common Stock of I-ne CO., LTD. are subject to a Lock-Up Agreement Ending on 24-MAR-2021. These Common Stock will be under lockup for 180 days starting from 25-SEP-2020 to 24-MAR-2021.
Details:
Yohei Onishi, the seller and stock lender, YBO Corporation, the shareholder of the Company, Shoya Ito, Arata Imai, Shoji Sugimoto, Reiki Fujioka and Kohei Hashimoto, who are the stock acquisition rights holders and officers of the Company, have promised to SMBC Nikko Securities Inc. that during the period from March 23, 2021, which is the 180th day from the date of listing (starting trading) to the beginning of the original underwriting contract conclusion date for the offering and sale by the underwriting purchase transaction, they will not conduct issuance, transfer, sale, etc. of the Company's common stock and securities that have the right to acquire the Company's common stock, which are held by the calculation date of the original underwriting contract, without the prior written consent of the lead managing company.
I Ne Co Ltd is a Japan-based company mainly engaged in the development and sale of hair care products, beauty appliances, cosmetics and health foods. The Company has two regional segments. Domestic segment is engaged in the sale of products to retailers and mass retailers through wholesalers in Japan, and direct sale business to general consumers in Japan using the Internet. Overseas segment is engaged in the direct sale of products to overseas general consumers using the Internet, as well as the wholesale business to overseas Internet distributors, sales agents and beauty specialty stores. The brands include BOTANIST, SALONIA, skinvill, NICOLESS, CAROME., CHILLOUT and DROAS. The main products include shampoo treatments, body soaps, facial cleansers, cleansings, body gels and other care products, hair irons and other beauty appliances, as well as tobaccos, liquid eyeliners and relaxation drinks. It also provides marketing solution from attracting customers to distribution operations.
I-NE CO., LTD. 
