Certain Common Shares of Ambition Corporation are subject to a Lock-Up Agreement Ending on 17-DEC-2014.
December 16, 2014
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Certain Common Shares of Ambition Corporation are subject to a Lock-Up Agreement Ending on 17-DEC-2014. These Common Shares will be under lockup for 90 days starting from 18-SEP-2014 to 17-DEC-2014.
Details:
The seller and lender, Tsuyoshi Shimizu and company shareholder, TS Corporation, have agreed with the lead manager, SBI Securities Co., Ltd. not to sell the company's shares, beginning on the day of the conclusion of the original underwriters' agreement until 90 days after the listing date, i.e. on December 17, 2014, without prior written consent from the lead manager. The lock period is from September 19, 2014 till December 17, 2014.
Ambition DX Holdings Co Ltd, formerly Ambition Corp, is a Japan-based company engaged in property management business, rental brokerage business, and investment business. The Company operates through three business segments. The Property Management segment is engaged in the leasing properties rented from real estate owners with a rent guarantee to general consumers, real estate owner recruitment agency business, and restoration work when moving in and out. The Invest segment mainly develops and sells newly built designer condominiums in the premium areas of the Tokyo metropolitan area, including Meguro, Shibuya, Shinjuku, Minato, Shinagawa, Chuo. The Rental Brokerage segment is engaged in the introduction of properties to general consumers who have business stores and are looking for rental properties and mediation of rental properties. It is also engaged in insurance business and real estate digital transformation business.