5,129,047 Shares of ASSEMS Inc. are subject to a Lock-Up Agreement Ending on 7-AUG-2022. These Shares will be under lockup for 192 days starting from 27-JAN-2022 to 7-AUG-2022.
Details:
In accordance with Article 21, Paragraph 1, Item 1 (largest shareholder, etc.) of the KOSDAQ listing regulations, the stock is obligatory for 6 months from the date of listing. Also, in the case of venture finance and stocks owned by professional investors with an investment period of less than 2 years, 1,329,483 shares (12.07% after public offering) are obligated to be held by the Korea Securities Depository for one month after listing in accordance with Article 21.
Korea Investment & Securities, as a broker for listing, must acquire an amount equivalent to 3/100 of the stocks raised for listing in accordance with the KOSDAQ listing regulations (equivalent to KRW 1 billion if the acquisition amount exceeds KRW 1 billion), and from the date of listing It is subject to sale restrictions for 3 months.
The 80,000 shares of the employee stock ownership association, which will be acquired through this public offering, will be compulsorily held and deposited in the employee stock ownership association account for one year after listing. However, the number of stocks allocated to the employee stock ownership association may change depending on the subscription result.