Certain Shares of AI inside Inc. are subject to a Lock-Up Agreement Ending on 31-MAR-2020.
March 30, 2020
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Certain Shares of AI inside Inc. are subject to a Lock-Up Agreement Ending on 31-MAR-2020. These Shares will be under lockup for 98 days starting from 24-DEC-2019 to 31-MAR-2020.
Details:
Takuya Tokuchi, the seller and lender, and Leopalace21 Corporation, the seller, AXA Life Insurance Co., Ltd., Dai Nippon Printing Co., Ltd. , Katsuaki Nakaoki, Recomm Co., Ltd. and The Dai-ichi Life Insurance Company, Limited and the Company's stock acquisition rights holders Masamoto Nai, Maori Saito, Kazuaki Hamada, Shotaro Umeda, Kimitaka Nakazawa, Yuki Itonaga, Akiyoshi Noda , Momoka Koda, Taro Tanimaki, Atsuo Horibe, Junna Uraguchi, Mayu Nishida, Yasuki Fujisaki, Shota Takahashi, Satoshi Oikawa, Tameaki Ko, Takeo Hirose, Hidehisa Iida, Miki Takeda, Yasushi Yonekubo, Yusuke Higuchi and Hosaka Hiroki is in advance of the lead company during the period from March 31, 2020, the 90th day after the listing (start of sale) date (including the current day) to the lead company, from the date of the original underwriting contract. Without consent, the sale of the Company's common stock, etc. It is agreed that the Company's common stock will not be lent out for sale by purchase underwriting or over-allotment.
In addition, the Company shall notify the lead company in advance of the lead company during the period from June 21, 2020, the 180th day after the listing (trading start date) (including the current day) from the date of the original underwriting agreement. Without the consent of the Company, issuance of ordinary shares of the Company, issuance of securities to be converted or exchanged for ordinary shares of the Company, or issuance of securities granted the right to acquire or receive ordinary shares of the Company (however, this Offering, In connection with stock splits, issuance of stock acquisition rights as stock options, and offerings through over-allotment, third-party allotment of capital allocated to the lead manager, which was resolved at the Board of Directors meeting held on November 21, 2019, etc. Have been agreed to not.
AI inside Inc. is a Japan-based company engaged in artificial intelligence (AI) business. The Company is engaged in the development and provision of DX Suite which is an AI-OCR service with a user interface. DX Suite includes applications called Intelligent OCR, Elastic Sorter and Multi Form. Intelligent OCR is a service that reads standard forms and converts them into digital data based on handwritten character recognition technology. Elastic Sorter is an option of Intelligent OCR that selects and sorts the same type of forms when multiple types of forms are scanned in random order. Multi Form is an option of Intelligent OCR that reads non-standard forms other than standard forms and converts them into digital data including structured data. In addition, the Company is also engaged in the development of AI inside Cube which is an edge computing hardware that performs AI processing without requiring access to the cloud.
AI INSIDE INC. 