Certain Common Stock of Cocolive, Inc. are subject to a Lock-Up Agreement Ending on 27-MAY-2024. These Common Stock will be under lockup for 89 days starting from 28-FEB-2024 to 27-MAY-2024.

Details:
Hirohito Uchino, a shareholder of the Company, has notified the lead manager company that in August 25, 2024, which is the 180th day from the listing (trading start) date, starting from the date of execution of the principal underwriting agreement for this offering and the secondary offering through purchase and underwriting by the underwriters. During the period until August 25, 2019, 78,000 latent shares and We have promised not to issue, transfer or sell securities that have the right to acquire our common stock.

The sellers, XTech Fund No. 1, AirTrip Corp., and Mizuho Seicho Shien Fund 2, have requested the lead manager company to provide principal underwriting for this offering and the sale through purchase and underwriting by the underwriters. During the period starting on the contract conclusion date and ending on May 27, 2024, which is the 90th day from the listing (trading start) date, the principal underwriting contract may be concluded without the prior written consent of the lead manager. Issuance, transfer, or sale of the Company's common stock and securities with the right to acquire the Company's common stock that it owns on its own account (provided that the sale price is 1.5 times or more the issue price in the offering or the selling price in the secondary offering) (excluding sales on the Tokyo Stock Exchange through the lead manager).