Certain Common Stock of Jimoty, Inc. are subject to a Lock-Up Agreement Ending on 6-MAY-2020.
May 05, 2020
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Certain Common Stock of Jimoty, Inc. are subject to a Lock-Up Agreement Ending on 6-MAY-2020. These Common Stock will be under lockup for 90 days starting from 6-FEB-2020 to 6-MAY-2020.
Details:
The sellers, namely, Opto Holding Inc., IVP Fund II A, LP and IVP Fund II B, LP, as well as NTT DoCoMo, Inc., the company shareholders, Proto Corporation, EEI Cleantech Investment Limited Partnership, LIFULL Co., Ltd., EEI Smart Energy Investment Limited Partnership, Japan Best Rescue System Co., Ltd., and Seibu Shinkin Capital Corporate Investment No. 3 Investment Limited Partnership have agreed not to dispose of their interest for a period of 90 days from the date of listing from the date of the original underwriting agreement until May 06, 2020.
The shareholders, namely, Takahiro Kato Tomoyuki Suzuki, Yumi Ono, Sho Katayama, Masahiro Sasaki and 20 other executives and employees who hold the stock acquisition rights of the Company and the other 20 executives and employees have agreed not to dispose of their interest for a period of 180 days after the listing date until August 04, 2020.
Jimoty, Inc. is a Japan-based company mainly engaged in the classified site operation business. The Company is engaged in the operation of a platform Jimoty that provides local information. The platform categorizes regional information from all over Japan by purpose, such as buying and selling goods, asking for help, recruiting members, renting and selling real estate, buying and selling used cars, recruiting full-time and part-time employees, various business advertising, events and others. The platform provides matching opportunities between users, and develops a customer support system through checking all submitted contents, drawing users' attention to offending users, taking measures to suspend use and others. The platform is also provides network advertising services such as automatic distribution, and marketing support services.
JIMOTY, INC. 
