Certain rights of Agilysys, Inc. are subject to a Lock-Up Agreement Ending on 15-MAR-2024.
March 14, 2024
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Certain rights of Agilysys, Inc. are subject to a Lock-Up Agreement Ending on 15-MAR-2024. These rights will be under lockup for 30 days starting from 14-FEB-2024 to 15-MAR-2024.
Details:
Executive officers and directors have agreed that, subject to certain exceptions, including sales of common stock under existing Rule 10b5-1 sales plan agreements, for a period of 30 days, from the date of this prospectus supplement, they will not, without the prior written consent of the underwriter, dispose of or hedge any shares of common stock or any securities convertible into or exchangeable for common stock.
Agilysys, Inc. is a provider of hospitality software that delivers cloud-native software-as-a-service (SaaS) and on-premises solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare. The Company offers software solutions to the hospitality industry, including point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications, to manage the entire guest journey. It is a developer and marketer of software-enabled solutions and services to the hospitality industry, including software solutions with third-party hardware and operating systems; subscriptions and maintenance; and professional services. Its POS solutions include InfoGenesis, IG Flex, IG Kiosk, IG KDS, IG OnDemand, IG Quick Pay, IG Smart Menu, IG PanOptic Kiosk, and IG Digital Menu Board. Its PMS solutions include Agilysys LMS, Agilysys Versa, Agilysys Stay, and others.