Certain Shares of Ebrains, Inc. are subject to a Lock-Up Agreement Ending on 25-DEC-2020.
December 24, 2020
Share
Certain Shares of Ebrains, Inc. are subject to a Lock-Up Agreement Ending on 25-DEC-2020. These Shares will be under lockup for 179 days starting from 29-JUN-2020 to 25-DEC-2020.
Details:
In connection with this offer and sale by underwriting purchase transaction,the seller and stock lender Masato Uemura, the seller Naoto Kumagai, And our shareholders, Calm LLC,Hiroko Kobayashi,Takeshi Takahashi,Masami Fujino,Kikusui Electronics Corporation,Kazuto Uemura,Hiroko Uemura,Ai Uemura,Setsuko Kondo,Jun Shimizu,Kazuo Kobayashi,Tsuyoshi Kobayashi, Makiko Yamazaki, Takeshi Tanaka,Makiko Yazawa,Yoshimasa Takeshita,Susumu Morishita,and Kanae Machiyama have agreed with the lead managing company that during the period from the date of signing the original underwriting contract to the date of listing (start of trading) 90 days after the date of listing (including the same day) until September 26, 2020, they will not sell our stock without the prior written consent of the lead managing company (However, this excludes the case where the underwriter purchases and sells the common stock of the Company for overallotment, and the lead managing company acquires the common stock of the Company subject to the Green Shoe Option.)
The Employee Stock Ownership Plan and other shareholders have agreed not to dispose off any shares for 180 days after the listing date, including the day, until December 25, 2020.
EBRAINS,INC. is a Japan-based company mainly engaged in the design, manufacture and sale of backplanes, bus racks, and system chassis for industrial and industrial computers. The products are mainly used in application fields including communication equipment, electronic application equipment, electrical measuring instruments, traffic related equipment, and defense and others. The main applicable equipment includes Base station communication device, broadband related device, broadcast image device, power related, plant, medical device, super computer (HPC), semiconductor / integrated circuit (IC) measuring instrument, factory automation (FA) equipment, robot, intelligent road Transportation system related equipment (ITS), train onboard equipment, vehicle, ship, aircraft onboard equipment, air traffic control equipment, military vehicle, ship, aircraft onboard equipment, surveillance camera system, assembly machine, equipment, and among others.