Certain Common Stock of Japan Ecosystem Co., Ltd. are subject to a Lock-Up Agreement Ending on 5-APR-2022.
April 04, 2022
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Certain Common Stock of Japan Ecosystem Co., Ltd. are subject to a Lock-Up Agreement Ending on 5-APR-2022. These Common Stock will be under lockup for 179 days starting from 8-OCT-2021 to 5-APR-2022.
Details:
In connection with this offer, Minoru Matsushima, a stock lender, and Matsufuku Co., Ltd., Okuya Holdings Co., Ltd., and Hiroaki Matsushima, who are shareholders of the Company, will be listed on the lead managing underwriter from the date of conclusion of the principal underwriting agreement (starting trading). During the period until April 5, 2022 (hereinafter referred to as the "lockup period"), which is the 180th day after the date (including the day), the Company's common stock will be held without the prior written consent of the lead managing underwriter. We have agreed not to sell (however, excluding lending the Company's common stock for sale by over-allotment).
Japan Ecosystem Co Ltd is mainly engaged in the public service business, environmental business and transportation infrastructure business. The Company operates through three business segments. The Public Service segment is involved in the design, manufacture, sale, equipment installation, maintenance, operation of totalizer system in public stadium. The Environmental segment is involved in the design, construction and maintenance of renewable energy power generation equipment for industrial solar power, as well as the sale of electricity. The Transportation Infrastructure segment is involved in the engineering for highway structure inspection, telecommunications equipment maintenance, traffic control, as well as the maintenance for accident disaster recovery, snow and ice countermeasures, traffic regulation. The Company is also involved in the system maintenance business, information and communication technology (ICT) solution provision business and real estate related business.
JAPAN ECOSYSTEM CO., LTD. 
