Certain Common Shares of EduLab, Inc. are subject to a Lock-Up Agreement Ending on 20-MAR-2019.
March 19, 2019
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Certain Common Shares of EduLab, Inc. are subject to a Lock-Up Agreement Ending on 20-MAR-2019. These Common Shares will be under lockup for 90 days starting from 20-DEC-2018 to 20-MAR-2019.
Details:
the sellers Junichi Takamura, Hiroshi Matsuda and Norio Hayashi, seller and lender Shin Soga, company shareholders and executives Nobuhiko Seki and Norihisa Wada, company shareholders Obunsha Capital Co., Ltd. and Ohana Investment Co., Ltd., company executives and warrant owners Daisuke Hojo, Hiroyuki Otake, Sakuma Tanaka and Kazuhiko Asaka, and warrant owners Koji Takahashi, Seiichi Hosoya, Daisuke Shudo, Takeshi Sasaki, Shinya Sano and Reiko Sawada have agreed not to sell their shares for a period of 180 days from the listing date and ending on June 18, 2019.
The company’s warrant owners Atsushi Yoshikawa, Wu Chunlai, Shino Katsura, Masaru Yamada, Toshio Yamanashi, Toshiki Mitake, Manabu Yatabe, Nobumitsu Takeda, Koichi Morita, Sayaka Sakai, Ayako Inoue, Kaori Yamaguchi, Naoki Hirose, Tsuneo Yokosuka, and Seiji Ohba have agreed not to sell their shares for a period of 90 days from the listing date and ending on March 20, 2019.
EduLab Inc is a Japan-based company mainly engaged in the provision of testing development, implementation, analysis, educational services for English and other tests. The Company operates through five segments. The Testing and Other Licensing segment provides testing services and learning services centered on languages to educational institutions, private companies, and individuals. The Educational Platform segment provides and operates learning services such as Stagia Eiken, Stagia Kanken, and Stagia Math Test, as well as media services. The Test Center segment establishes test centers nationwide and provides test centers for various qualifications, certification exams, and university entrance exams. The Artificial Intelligence (AI) segment provides services and products using AI technology researched and developed in-house. The Test Operation and Outsourcing segment provides services related to test question creation, system construction, management, operation, and scoring.
EDULAB, INC. 
