Certain Common Stock of Savers Value Village, Inc. are subject to a Lock-Up Agreement Ending on 26-DEC-2023.
December 25, 2023
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Certain Common Stock of Savers Value Village, Inc. are subject to a Lock-Up Agreement Ending on 26-DEC-2023. These Common Stock will be under lockup for 181 days starting from 28-JUN-2023 to 26-DEC-2023.
Details:
The officers, directors and holders of substantially all of company?s common stock and securities convertible into or exercisable for common stock, including the Ares Funds and the selling stockholders, agreed, or will agree, with the underwriters that, until 180 days after the date of this prospectus, will not, without the prior written consent of J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC and Jefferies LLC on behalf of the underwriters, offer, sell or transfer any of shares of common stock or securities convertible into or exchangeable for its common stock.
Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.
SAVERS VALUE VILLAGE, INC. 
