Certain Common Stock of Nihon Dempa Kogyo Co., Ltd. are subject to a Lock-Up Agreement Ending on 2-NOV-2022.
November 01, 2022
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Certain Common Stock of Nihon Dempa Kogyo Co., Ltd. are subject to a Lock-Up Agreement Ending on 2-NOV-2022. These Common Stock will be under lockup for 180 days starting from 6-MAY-2022 to 2-NOV-2022.
Details:
Regarding the general offer, Toshiaki Takeuchi and Hiroshi Takeuchi, the shareholders of the Company, have agreed not to sell, for the period starting on the day when the issue price etc. is decided and ending on the 180th day from the delivery date of the general offer, the Company's common stock (including potential stock) held by SMBC Nikko Securities Co., Ltd. on the day when the issue price, etc. is determined, without the prior written consent of SMBC Nikko Securities Co., Ltd..
NIHON DEMPA KOGYO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of crystal devices, such as crystal oscillators (XOs) and crystal equipment, as well as crystal-related products, such as application equipment, artificial crystals and crystal blanks. The Company offers crystal oscillators and crystal equipment in North America, Southeast Asia, Europe, China and other markets. The Company is also enagegd in the manufacture and sale of other application equipment, crystals and crystal blanks in domestic and overseas markets.