Certain Common Shares of RIZAP GROUP, Inc. are subject to a Lock-Up Agreement Ending on 10-DEC-2018.
December 10, 2018
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Certain Common Shares of RIZAP GROUP, Inc. are subject to a Lock-Up Agreement Ending on 10-DEC-2018. These Common Shares will be under lockup for 180 days starting from 13-JUN-2018 to 10-DEC-2018.
Details:
The company?s shareholder CBM Corporation, Takeshi Seto and Sanae Seto, have agreed not to dispose of securities for a period of 180 days beginning on the decision date of issue price after the transfer date of the general subscription.
Rizap Group Inc is engaged in the beauty and healthcare, lifestyle and platform businesses. The Company operates in three business segments. The Beauty and Healthcare segment operates RIZAP-related businesses such as the personal training gyms RIZAP and RIZAPGOLF, and sells body-adjusting underwear, beauty-related products, cosmetics, health foods, sports products and others. The Lifestyle segment is involved in the planning, development, manufacture, and sale of interiors, apparel miscellaneous goods, casual wear, and design twisted yarn, as well as custom housing and remodeling businesses. The Platform segment is the retail business of entertainment products and store operations in the reuse business, editing and issuing of free papers, publishing business, and the business that forms the basis of the group's entire value chain.