Certain Common Stock of MasterCraft Boat Holdings, Inc. are subject to a Lock-Up Agreement Ending on 29-JAN-2017.
January 28, 2017
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Certain Common Stock of MasterCraft Boat Holdings, Inc. are subject to a Lock-Up Agreement Ending on 29-JAN-2017. These Common Stock will be under lockup for 45 days starting from 15-DEC-2016 to 29-JAN-2017.
Details:
The executive officers, directors and Wayzata, have agreed that they will not offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of or announce the intention to otherwise dispose of, or enter into any swap, hedge any common stock or securities convertible into or exchangeable or exercisable for any common stock without the prior written consent of B. Riley, for a period of 45 days after the date of the prospectus.
MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats through its three brands, MasterCraft, Crest and Aviara. It designs, manufactures and sells premium recreational inboard ski/wake, outboard and sterndrive boats. In addition, it offers various accessories, including trailers and aftermarket parts. The Companyâs segments include MasterCraft, Crest and Aviara. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. The MasterCraft participates in a category within the powerboat industry by producing the industryâs premier competitive water ski, wakeboarding, and wake surfing performance boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Aviara is a de novo brand, developed in-house, and focused on serving the luxury recreational day boat category of the powerboat industry.