Certain Common Stock of REV Group, Inc. are subject to a Lock-Up Agreement Ending on 26-JUL-2021.
July 25, 2021
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Certain Common Stock of REV Group, Inc. are subject to a Lock-Up Agreement Ending on 26-JUL-2021. These Common Stock will be under lockup for 46 days starting from 10-JUN-2021 to 26-JUL-2021.
Details:
The executive officers, directors, and all of the selling stockholders of equity securities have entered into a lock up agreement pursuant to which, they will not 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 securities convertible into or exchangeable or exercisable for common stock, for a period of 45 days after the date of the final prospectus, without the prior written consent Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, on behalf of the underwriters.
REV Group, Inc. is engaged in designing and manufacturing specialty vehicles and related aftermarket parts and services. The Company operates through two segments: Specialty Vehicles and Recreational Vehicles. The Company provides customized vehicle solutions for applications, including essential needs for public services (ambulances and fire apparatus), commercial infrastructure (terminal trucks and industrial sweepers) and consumer leisure (recreational vehicles). It sells fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara and Spartan Emergency Response, which consists of Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brands, and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue and Wheeled Coach brands. The Recreational Vehicles segment serves the RV market through the principal brands: American Coach, Fleetwood RV, Holiday Rambler, Renegade RV, and others.