Certain Shares of Seibu Giken Co.,Ltd. are subject to a Lock-Up Agreement Ending on 31-MAR-2024.
March 31, 2024
Share
Certain Shares of Seibu Giken Co.,Ltd. are subject to a Lock-Up Agreement Ending on 31-MAR-2024. These Shares will be under lockup for 180 days starting from 3-OCT-2023 to 31-MAR-2024.
Details:
Regarding this offering and the sale through purchase and underwriting by the underwriters, Fuzaburo Kuma , who is the stock lender and seller , Makoto Shimozono, Miwa Hirakawa, Keisuke Kida, Momotsuke Nagamatsu, Takashi Fujikawa, Yoshiko Shiraishi, and Yusaku Kuma, who are sellers. and Katsunori Muraoka, and our shareholders Green Future Co., Ltd., Kuma Science, Technology and Culture Promotion Foundation, Seibu Giken Employee Stock Ownership Association, Ken Fukuda, Anders Kristoferson, Junichiro Ikeda, and Tsuyoshi Miyajima, SMBC Nikko Securities Inc. (hereinafter referred to as SMBC Nikko Securities Inc.) March 2024, which is the 180th day from the date of listing (commencement of trading), starting from the date of conclusion of the principal underwriting agreement for this offering and the sale by purchase and acceptance by the underwriters.
Seibu Giken Co Ltd is a Japan-based company mainly engaged in the manufacture, sale, and provision of installation and other services for desiccant dehumidifiers and volatile organic compounds (VOC) concentrators. Desiccant dehumidifiers dehumidify air by adsorbing moisture inside a honeycomb using adsorbent materials such as silica gel or zeolite. Since air does not need to be cooled, it is characterized by its ability to dehumidify even at low temperatures or in low dew-point environments where there is little moisture in the air. VOC concentrators selectively adsorb volatile organic compounds, collectively known as benzene and toluene, which cause air pollution generated from paint, into the VOC concentrator rotor to make it possible to detoxify exhaust gas emissions by selectively adsorbing VOC concentrating rotors. Product-related services is engaged in the provision of installation, maintenance, and rotor replacement services.
SEIBU GIKEN CO.,LTD. 
