Certain Stock Options of Boat Rocker Media Inc. are subject to a Lock-Up Agreement Ending on 21-SEP-2021.
September 20, 2021
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Certain Stock Options of Boat Rocker Media Inc. are subject to a Lock-Up Agreement Ending on 21-SEP-2021. These Stock Options will be under lockup for 181 days starting from 24-MAR-2021 to 21-SEP-2021.
Details:
The Company, the Selling Shareholders have agreed not to offer, sell, issue, contract to sell, pledge or otherwise dispose of, directly or indirectly, any equity securities of the Company, rights to purchase any equity securities of the Company or any securities convertible into or exercisable or exchangeable for equity securities of the Company; (ii) enter into any swap, hedge or any other agreement that transfers, in whole or in part, the economic consequences of ownership of equity securities of the Company; or (iii) agree or announce any intention to do any of the foregoing for the period ending 180 days after the closing date without the prior written consent of the Joint Bookrunners.
Boat Rocker Media Inc. is a Canada-based independent, integrated global entertainment company. The Company creates and produces television and film content across many genres, distributes content worldwide, and represents on-screen talent and third-party intellectual property (IP) owners. The Company operates through three segments: Television, Kids and Family, and Representation. The Television segment operates under various brands, including Boat Rocker Studios, Scripted, Proper Productions, Insight Productions, and Matador Content. The Television segment includes live action scripted and unscripted content production and owned IP distribution. The Kids and Family segment includes the Companyâs Kids and Family studio, the Jam Filled Entertainment animation studio, and the consumer products business. The Representation segment includes brand and management services provided to talent and IP representation and licensing sales services to IP owners.