Certain Common Stock of WA, Inc. are subject to a Lock-Up Agreement Ending on 28-APR-2020.
April 27, 2020
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Certain Common Stock of WA, Inc. are subject to a Lock-Up Agreement Ending on 28-APR-2020. These Common Stock will be under lockup for 180 days starting from 31-OCT-2019 to 28-APR-2020.
Details:
The seller and lender, Xiao Junwei, the company’s shareholders, Ding Yun, Yasuyo Nakai, Yasuyo Nakai Takumi Suganuma, Akio Sagawa, Yoshiro Tsuruta, Takahiro Ochiai and Koichi Sato, have agreed with the lead manager that during the period from April 28, 2020, to the 180th day after the listing date from the date on which the original underwriting agreement was concluded, they will not sell our stock without the prior written consent of the lead manager.
The company’s shareholders, Zhao Yang, PANG KWAN KIN, Liu Cheng, Kutsu Lab Co., Ltd. and Tokushige Irie, have agreed with the lead manager that they will not sell our shares during the period from the date of the original underwriting contract until January 29, 2020, on the 90th day after listing, without the prior written consent of the lead manager.
WA, Inc. is a Japan-based company engaged in the plan and sale of women's shoes. The plan and sale of women's shoes business is involved in the product planning and development business, the product inspection business and the product sale business. The product sale business is involved in the retail sale at physical stores and EC sites, as well as wholesale and sale at other fashion brands. The Company is engaged in the sale of products under the brands of ORiental Traffic, WA ORiental Traffic, NICAL and OR KIDS.