Certain Common Stock of Toyokumo, Inc. are subject to a Lock-Up Agreement Ending on 22-DEC-2020.
December 21, 2020
Share
Certain Common Stock of Toyokumo, Inc. are subject to a Lock-Up Agreement Ending on 22-DEC-2020. These Common Stock will be under lockup for 89 days starting from 24-SEP-2020 to 22-DEC-2020.
Details:
Cybozu, Inc., the shareholder and seller of the Company, and Yuji Yamamoto, the stockholder, stock lender and officer of the Company, and Tomohiko Tasato and Kazuhiko Ishii, the shareholders and officers of the Company, and shareholders, Yuichi Ochiai, Nanobank Co., Ltd. and Samural Capital Inc., have agreed with the lead managing company that during the period from the date of the original underwriting contract conclusion to the date of listing (start of trading) 90th day until December 22, 2020, they will not sell the shares of the Company without the prior written consent of the lead managing company.
In addition, Masanori Kinoshita, who is a stock acquisition right holder of the Company and an officer of the company, has agreed with the lead managing company that during the lockup period, he will not to sell the company's stock acquisition rights and the company's stock acquired through the exercise of the stock acquisition rights without prior written consent of the lead managing company.
Toyokumo Inc is mainly engaged in the development and sale of cloud services for corporations. The Company provides two types of services, including the development and sales of safety confirmation service, which is a cloud service designed to easily share information in an emergency, and kintone linkage service, a cloud service in cooperation with kintone, a business application construction service. The safety confirmation service is a cloud service that confirms the safety of employees and others in the event of a disaster using mobile phones, smartphones, and personal computers. The kintone linkage services include services such as print creator, form bridge, kBackup, kViewer, kMailer, time stamp for kintone and data collect, among others.
TOYOKUMO, INC. 
