Certain Shares of Property Data Bank, Inc. are subject to a Lock-Up Agreement Ending on 23-DEC-2018.
December 22, 2018
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Certain Shares of Property Data Bank, Inc. are subject to a Lock-Up Agreement Ending on 23-DEC-2018. These Shares will be under lockup for 180 days starting from 26-JUN-2018 to 23-DEC-2018.
Details:
The sellers Shimizu Corporation and Ken Corporation Ltd., share lender Toshimasa Itaya, seller and share lender Hideki Takahashi, company shareholders Hewlett-Packard Japan, Ltd., Nippon Life Insurance Company, Takeshi Ota, Sadahisa Takeno, Property Data Bank ESOP, Satomi Koide and Takashi Sugihara, and warrant owners Haruyo Horinouchi, Yuji Maki,Yoshio Endo, Takayuki Katsuyama, Yoshikazu Aoki, Bisen Yamada, Atsuko Sagiya, Mayuko Totsuka, Mineko Abe, Fukiko Kameo, Yoko Ishikawa, Fumiko Matsumoto, Rie Tanimichi, Mina Suzuki Keisuke Honma, Yoshitaka Mizuguchi, Yuko Takamatsu, Kuniko Kojima, Yoshifumi Nakamura and Ryohei Abe have agreed not to dispose of their interest for a period of 180 days after the listing date, December 23, 2018.
Property Data Bank, Inc. is engaged in development of software for real estate and facility management, as well as provision of integrated asset management cloud service under the name @property. The cloud service mainly engages in provision and maintenance of @property, and support of users. It receives monthly usage fee and maintenance service fee by customer-based billing according to the number of registered building data on a monthly basis from customers. The solution service engages in business efficiency improvement for customers, who already introducing @ property or planning to introduce it. It also engages in provision of solution services according to customer specific needs.