Certain Ordinary Shares of Newborn Town Inc. are subject to a Lock-Up Agreement Ending on 30-JUN-2020.
Details:
The controlling shareholders, Liu Chunhe and Li Ping, and their respective holding entities agrees that, they will not sell shares for a period of six months from the listing date.
The controlling shareholders agrees that, they will not sell shares for a period of six months after the expiry of the first six month period.