Certain Class A Common Stock of PetIQ, Inc. are subject to a Lock-Up Agreement Ending on 16-JAN-2018.
January 15, 2018
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Certain Class A Common Stock of PetIQ, Inc. are subject to a Lock-Up Agreement Ending on 16-JAN-2018. These Class A Common Stock will be under lockup for 180 days starting from 20-JUL-2017 to 16-JAN-2018.
Details:
The executive officers, directors and holders of all of company's substantially all of outstanding capital stock have agreed that they will not, subject to limited exceptions, directly or indirectly sell or dispose of any shares of common stock or any securities convertible into or exchangeable or exercisable for shares of common stock for a period of 180 days after the date of prospectus without the prior written consent of Jefferies LLC.
PetIQ, Inc. is a pet medication and wellness company, which provides veterinary products and services. The Company operates through two segments: Products and Services. Products segment manufactures and distributes pet medication and health and wellness products to major United States retail and e-commerce channels through more than 60,000 points of distribution. It is focused its offerings on value-branded products, and third-party branded products for dogs and cats, including pet Rx medications, OTC medications, and wellness products. Services segment provides a comprehensive suite of services at approximately 2,600 community clinic locations and wellness centers hosted at retailers across 39 states. The segmentâs services include diagnostic tests, vaccinations, prescription medications, microchipping, grooming and hygiene and wellness checks. The Rx pet medications products include flea and tick control, heartworm preventatives, arthritis, thyroid, and other specialty medications.