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Mint Incorporation Limited ("Mint" or the "Company") (NASDAQ:MIMI), today announced that the Company and certain shareholders, including entities beneficially owned and controlled by Mr. Cheong Shing Ku, Chairman of the Board, and Mr. Hoi Hung Chan, Director and Chief Executive Officer, have entered into voluntary lock-up agreements (the "Voluntary Lock-Ups"). These agreements cover all shares of the Company's share capital or securities convertible into, exchangeable, or exercisable for any shares of the Company's share capital directly or indirectly owned by the participating shareholders. The lock-up period commenced on September 30, 2025 and will expire on March 31, 2026.
In aggregate, the Voluntary Lock-Ups cover 4,811,800 Class A ordinary shares and 7,000,000 Class B ordinary shares, representing approximately 26.7% of the Company's total issued and outstanding Class A ordinary shares and 100% of the total issued and outstanding Class B ordinary shares as of the date of this announcement.
Posted In: MIMI