Certain Common Stock of O.B.System Inc. are subject to a Lock-Up Agreement Ending on 17-DEC-2023.
December 16, 2023
Share
Certain Common Stock of O.B.System Inc. are subject to a Lock-Up Agreement Ending on 17-DEC-2023. These Common Stock will be under lockup for 179 days starting from 21-JUN-2023 to 17-DEC-2023.
Details:
Takashi Yamada, who is the seller and lender of the shares, and OBIC Corporation, Keiko Yamada, the Company's shareholders, OBIC Co., Ltd., Keiko Yamada, OB System Employee Shareholding Association, Toshio Toyoda, Ichio Kojima, and Kin Mineo, regarding the offering and the secondary offering by way of purchase and acceptance by the underwriters Katsuhiko Tanaka, Menglin Chen, Kinya Sugita, Tadatsugu Uemura, Tenzan Watanabe, Masaya Yamaguchi, Shigeharu Sugimoto, and Mikio Wada have appointed SMBC Nikko Securities Inc. During the period from the date of conclusion of the principal underwriting contract for the secondary sale by purchase transaction to December 17, 2023, which is the 180th day counting from the listing (trading start) date (hereinafter referred to as the ?lockup period?) , issuance, transfer or sale, etc. of the Company's common stock held on its own account on the date of conclusion of the underwriting agreement and securities with the right to acquire the Company's common stock, without obtaining the prior written consent of the lead managing company
O.B.System Inc is a Japan-based company mainly provides system integration services, as well as digital transformation (DX), cloud computing, and other businesses. The Company operates through the System Integration Services business segment. The financial services business provides system integration, consulting, software design, development, and maintenance services mainly for regional and metropolitan banks, stock exchanges, insurance, securities, and credit. The industrial distribution business provides comprehensive services in overall software design, development, and maintenance in the fields of industrial distribution, microcomputers, and medical care. The social and public services business provides system integration, consulting, and software design, development, and maintenance in the fields of social infrastructure and media information. The Company also engages in information technology (IT) innovation business.