Certain Shares of K Cash Fintech Corporation Limited are subject to a Lock-Up Agreement Ending on 4-JUN-2024.
Certain Shares of K Cash Fintech Corporation Limited are subject to a Lock-Up Agreement Ending on 4-JUN-2024. These Shares will be under lockup for 183 days starting from 4-DEC-2023 to 4-JUN-2024.
Details:
Each of our Controlling Shareholders has undertaken jointly and severally to each of our Company, the Joint Sponsors, the Overall Coordinators, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers, the Co-lead Manager, the CMIs, and the other Hong Kong Underwriters that, except pursuant to the Stock Borrowing Agreement and in compliance with the requirements under Rule 10.07(3) of the Listing Rules, without the prior written consent of the Joint Sponsors and Overall Coordinators (for themselves and on behalf of the other Hong Kong Underwriters).
at any time during the First Six-Month Period, it/he/she shall not, and shall procure that the relevant registered holder(s), any nominee or trustee holding on trust for it/him/her and the companies controlled by it/he/she (together, the ?Controlled Entities?) shall not.
at any time during the Second Six-Month Period, it/he/she shall not, and shall procure that the Controlled Entities shall not, enter into any of the transactions referred to in (a)(i), (ii) or (iii) above or offer to or agree to or announce any intention to enter into any such transaction if, immediately following any sale, transfer or disposal or upon the exercise or enforcement of any option, right, interest or Encumbrance pursuant to such transaction, it/he/she would cease to be a ?controlling shareholder? (as defined in the Listing Rules) of our Company or would together with the other Controlling Shareholders cease to be ?Controlling Shareholders? (as defined in the Listing Rules) of our Company.