39,173,399 Options of Mad Paws Holdings Limited are subject to a Lock-Up Agreement Ending on 25-MAR-2023.
March 24, 2023
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39,173,399 Options of Mad Paws Holdings Limited are subject to a Lock-Up Agreement Ending on 25-MAR-2023. These Options will be under lockup for 730 days starting from 25-MAR-2021 to 25-MAR-2023.
Details:
The Company anticipates that certain Shares and Options on issue prior to the Listing (including those held by Shareholders associated with Jan Pacas, Justus Hammer, Mike Hill, Josh May, Alexis Soulopoulos and Bombora Growth Fund and the JLM Options) will be classified by ASX as restricted securities and will be required to be held in escrow for up to 24 months from the Listing Date.
Mad Paws Holdings Limited (Mad Paws) is an Australia-based pet services company. Mad Paws has built a technology focused online marketplace platform that connects pet owners with pet-care providers in their area. The Company's marketplace offers pet owners an access to a range of pet walking, pet sitting, and pet care services through its community of pet service providers registered on the Mad Paws marketplace. Its pet care services include At sitter's home, At pet's home, Dog sitting, Cat sitting, Puppy sitting, Rabbit sitting, Guinea Pig sitting, House sitting, Pet day care, Bird sitting, Dog grooming, Dog training, Dog kennels and Dog boarding. Its pet sitting cities include Sydney, Melbourne, Brisbane, Perth, Adelaide, Canberra, Gold Coast, Newcastle, Geelong, Ballarat, Townsville, Bendigo, Hobart, Toowoomba and Hobart. Mad Paws also offers pet food subscription product through its Dinner Bowl brand, as well as toys and treats under Waggly brand.