Certain Shares of AI, Inc. are subject to a Lock-Up Agreement Ending on 25-SEP-2018.
September 24, 2018
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Certain Shares of AI, Inc. are subject to a Lock-Up Agreement Ending on 25-SEP-2018. These Shares will be under lockup for 91 days starting from 26-JUN-2018 to 25-SEP-2018.
Details:
The company’s director, seller and lender, Daisuke Yoshida, the company’s Directosr and sellers Shinichi Hiroi and Hiroyuki Hirai, the company’s director Hiroshi Sugiyama, seller, Taishi Yoshida, and the company’s shareholders SOLXYZ Co., Ltd., Trust System Co., Ltd., Kayo Kamei, Akira Yoshida and Advanced Telecommunications Research Institute International, have agreed with the lead manager, not to sell company shares (however, excluding the sale by underwriters’ purchase subscription and the lease and transfer of company common shares for the sale by overallotment), beginning on the date of the conclusion of the original underwriting agreement to 90 days after the listing date.
AI,Inc. mainly engages in research and development of Japanese speech synthesis engines, sales and supporting of its products. The corporate products include AITalk and AITalk Internationa. The Company's main business model is the licensing business. It also engages in contract development of customer's original voice dictionary. The corporate services include cloud services and support services. Cloud services engage in development of voice synthesis service utilizing cloud environment and provision of service via the Internet. Support services provide technical support services to customers licensing corporate products. For consumer products, it engages in sales of packages that make it easy to create audio files.