Certain Common Stock of Succeed co., ltd. are subject to a Lock-Up Agreement Ending on 19-JUN-2022.
June 18, 2022
Share
Certain Common Stock of Succeed co., ltd. are subject to a Lock-Up Agreement Ending on 19-JUN-2022. These Common Stock will be under lockup for 179 days starting from 22-DEC-2021 to 19-JUN-2022.
Details:
Takeshi Takagi, the seller and lender, Mikio Sato, the seller, Shuichi Ishikawa and Hiroaki Maehara, the shareholders of the Company, and the shareholders and stock acquisition rights holders of the Company, in connection with the offering and the underwriting of the underwriters, Hiroshi Saito, Minoshi Mori and Jun Sato, and Shohei Mineda, the holder of the stock acquisition rights of the Company, have stated to the lead managing underwriter 180 days after the listing (start of trading) date (including the day) from the date of conclusion of the original underwriting agreement, During the period until June 19, 2022 (hereinafter referred to as the "lock-up period"), will not sale the Company's shares (acquired by exercising the Company's stock acquisition rights and stock acquisition rights) without the prior written consent of the lead managing underwriter.
Succeed Co Ltd is a Japan-based company mainly engaged in the provision of educational services and human resources services. It has three business segments. The Education Human Resources Support segment introduces and dispatches human resources related to education such as home teachers, information and communication technology (ICT) support staff, school teachers, club activity instructors, Japanese language teachers to general households, private cram schools, school corporations and local governments. The Welfare Human Resources Support segment introduces and dispatches welfare-related human resources such as nursery teachers, nutritionists, after-school care instructors, social workers, and care staff to nursery schools, kindergartens, after-school care facilities, and care facilities. The Individualized Instruction Classroom Business develops a cram school Individual Guidance Academy Succeed that provides individualized learning guidance and a schoolchildren's club Pentas Kids.