24,085,466 Ordinary Shares of Mad Paws Holdings Limited are subject to a Lock-Up Agreement Ending on 25-MAR-2023.
March 24, 2023
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24,085,466 Ordinary Shares of Mad Paws Holdings Limited are subject to a Lock-Up Agreement Ending on 25-MAR-2023. These Ordinary Shares will be under lockup for 730 days starting from 25-MAR-2021 to 25-MAR-2023.
Details:
The Company anticipates that certain Shares and Options on issue prior to the Listing (including those held by Shareholders associated with Jan Pacas, Justus Hammer, Mike Hill, Josh May, Alexis Soulopoulos and Bombora Growth Fund and the JLM Options) will be classified by ASX as restricted securities and will be required to be held in escrow for up to 24 months from the Listing Date.
Mad Paws Holdings Limited (Mad Paws) is an Australia-based company engaged in the pet services and products business. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, day care and grooming, with pet sitters, walkers and other pet service providers, vetted and registered by Mad Paws. Mad Paws is leveraging its community to build a network that delivers other products and services to this community, including healthy human grade pet food through Dinner Bowl and toys and treats, through its Waggly brand. It operates an online only e-commerce division offering pet healthcare, prescription medicine, pet treats and specialty items to improve the everyday life of Australian pets, with brands including Pet Chemist, Waggly, Dinner Bowl and Sash beds. It enables pets to live their lives to the fullest, supporting owners through all stages of the pet lifecycle. The Mad Paws pet ecosystem supports over 300,000 active pet owners.