LZ Technology Holdings (LZMH) waives extended lock-up for select holders
Rhea-AI Filing Summary
LZ Technology Holdings Limited is adjusting its shareholder lock-up arrangements. The company has waived the extended lock-up restrictions for BJ Tojoy Shared Enterprise Consulting Ltd, Kim Full Investment Company Limited, Vanshion Investment Group Limited, and Youder Investment Group Limited, so these investors are no longer bound by the previously extended lock-up period after the February 2025 IPO.
The extended lock-up through August 31, 2026 remains in place for LZ Digital Technology Holdings Co., Ltd, which holds 100% of the company’s issued and outstanding Class A ordinary shares and 22.86% of the issued and outstanding Class B ordinary shares, and still requires the company’s prior written consent to sell or transfer these securities. This update does not constitute an offer to sell or a solicitation to buy any securities.
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FAQ
What change did LZ Technology Holdings (LZMH) make to its shareholder lock-up arrangements?
LZ Technology Holdings Limited waived the extended lock-up restrictions for four shareholders, allowing them to be released from the previously agreed extended lock-up period that followed the company’s February 2025 initial public offering.
Which LZ Technology Holdings (LZMH) shareholders had their extended lock-up waived?
The extended lock-up was waived for BJ Tojoy Shared Enterprise Consulting Ltd, Kim Full Investment Company Limited, Vanshion Investment Group Limited, and Youder Investment Group Limited.
Which shareholder of LZ Technology Holdings (LZMH) remains subject to the extended lock-up and what does it own?
LZ Digital Technology Holdings Co., Ltd remains subject to the extended lock-up. It holds 100% of the company’s issued and outstanding Class A ordinary shares and 22.86% of the issued and outstanding Class B ordinary shares.
How long does the extended lock-up restriction last for LZ Digital Technology Holdings Co., Ltd?
The extended lock-up restriction for LZ Digital Technology Holdings Co., Ltd lasts until August 31, 2026, unless the company gives prior written consent to a transaction.
Does this LZ Technology Holdings (LZMH) update involve an offer to sell securities?
No. The company states that this report does not constitute an offer to sell or a solicitation of an offer to buy any of its securities.
When was the original IPO lock-up for LZ Technology Holdings (LZMH)?
The original 180-day lock-up period was established in connection with the company’s initial public offering completed in February 2025.