Certain Common Shares of iRidge, Inc. are subject to a Lock-Up Agreement Ending on 23-JUN-2021.
June 22, 2021
Share
Certain Common Shares of iRidge, Inc. are subject to a Lock-Up Agreement Ending on 23-JUN-2021. These Common Shares will be under lockup for 90 days starting from 25-MAR-2021 to 23-JUN-2021.
Details:
In connection with the underwriter's purchase transaction, Kentaro Oda, a shareholder of the Company, tells Nomura Securities Co., Ltd. that the sale price, etc. will be determined and calculated from the delivery date of the sale by the underwriter's purchase transaction. During the period ending on the 90th day (hereinafter referred to as the "lock-up period"), we agreed that we will not sell our shares, etc. in principle without the prior written consent of Nomura Securities Co., Ltd.
iRidge, Inc. is a Japan-based company mainly engaged in the provision of online to offline (O2O) solution, as well as planning and support on attracting customers and sales promotion. The O2O support business is mainly engaged in attracting customers and sales promotion to actual stores, using smart phone and providing information to consumers through smart phone application incorporated the Company-owned solutions. The Company has O2O solution platform with the name of popinfo, providing the information distribution function, user management function, membership card function, point management function, coupon management function and other basic functions for attracting customers and sales promotion.