Certain Common Stock of Mister Car Wash, Inc. are subject to a Lock-Up Agreement Ending on 23-OCT-2021.
October 22, 2021
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Certain Common Stock of Mister Car Wash, Inc. are subject to a Lock-Up Agreement Ending on 23-OCT-2021. These Common Stock will be under lockup for 121 days starting from 24-JUN-2021 to 23-OCT-2021.
Details:
All of company's directors and officers and the holders of all of company's outstanding stock and stock options agree that, without the prior written consent of BofA Securities, Inc. and Morgan Stanley & Co. LLC on behalf of the underwriters, during the period ending 180 days after the date of this prospectus, in the case company's directors and officers, and 120 days after the date of this prospectus, in the case of LGP, they will not, and will not publicly disclose an intention to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any shares of common stock or any securities convertible into or exercisable or exchangeable for shares of common stock and enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the common stock.
Mister Car Wash, Inc. is a car wash company. The Company is engaged in offering express exterior cleaning services, with interior cleaning services at select locations, across approximately 476 car wash locations in 21 states. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Its every wash includes its T3 Cleaning Conditioner, Wheel Cleaner, and Dynamic Dry system. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. It offers a monthly subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. It serves a diverse mix of customers, which include individual retail customers and UWC Members.