Certain Warrants of Hertz Global Holdings, Inc. are subject to a Lock-Up Agreement Ending on 8-MAY-2022.
May 07, 2022
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Certain Warrants of Hertz Global Holdings, Inc. are subject to a Lock-Up Agreement Ending on 8-MAY-2022. These Warrants will be under lockup for 181 days starting from 8-NOV-2021 to 8-MAY-2022.
Details:
The executive officers, directors and certain holders of common stock, including the selling stockholders, prior to this offering have agreed with the underwriters, subject to certain exceptions, not to dispose of or hedge any shares of common stock or securities convertible into or exchangeable for shares of common stock during the period from the date of this prospectus continuing through the date that is 90 days (or, in the case of CK Amarillo LP, 180 days) after the date of this prospectus, except with the prior written consent of Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC.
Hertz Global Holdings, Inc. is a holding company. The Company is engaged in the business of renting vehicles primarily through its Hertz, Dollar and Thrifty brands. It operates through two segments: Americas RAC and International RAC. Americas RAC segment provides rental of vehicles, as well as sales of vehicles and value-added services, in the United States, Canada, Latin America and the Caribbean. The International RAC segment provides rental and leasing of vehicles, as well as sales of value-added services in locations other than the United States, Canada, Latin America and the Caribbean. It also owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business. It operates its vehicle rental business globally from approximately 11,400 Company-operated and franchisee locations across approximately 160 countries and jurisdictions, including the United States, Europe, Africa, Asia, Australia, Canada, the Caribbean, Latin America, the Middle East and New Zealand.