Certain A Shares of Friend Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-SEP-2025.

marketscreener
2025.09.24 01:15
portai
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Certain A Shares of Friend Co., Ltd. are under a Lock-Up Agreement until 24-SEP-2025, lasting 1840 days from 10-SEP-2020. The controlling shareholders have committed not to transfer their shares before the public offering and face automatic extensions of the lock-up period under specific conditions. After the lock-up period, share transfers will be limited to 25% of holdings annually. Additional restrictions apply to relatives of actual controllers and other shareholders regarding share transfers for specified periods post-IPO.