NANPING, China, Aug. 9, 2023
/PRNewswire/ -- Golden Heaven Group Holdings Ltd. (the "Company" or
"Golden Heaven") (Nasdaq: GDHG), an
amusement park operator in China,
announced today that the Company's certain shareholder has received
a limited waiver (the "Waiver") from Revere Securities LLC and R.F.
Lafferty & Co., Inc., the representatives of the Company's
underwriters (the "Underwriters"), under a Lock-Up Letter Agreement
that was entered into in connection with the Company's initial
public offering (the "Offering") in April
2023. The Underwriters have agreed to waive lock-up
restrictions with respect to ordinary shares of the Company's
certain shareholder. The waiver will take effect on August 9, 2023, and will permit the repurchase
and issue of ordinary shares by the certain shareholders, officers
and directors in connection with resolutions of the Company's
extraordinary general meeting of shareholders held on August 11, 2023.
This press release does not constitute an offer to sell, or the
solicitation of an offer to buy any of the Company's securities,
nor shall such securities be offered or sold in the United States absent registration or an
applicable exemption from registration, nor shall there be any
offer, solicitation or sale of any of the Company's securities in
any state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of such state or jurisdiction.
About Golden Heaven Group Holdings Ltd.
Golden Heaven Group Holdings Ltd. manages and operates six
properties consisting of amusement parks, water parks, and
complementary recreational facilities. With approximately 426,560
square meters of land in the aggregate, these parks are located in
geographically diverse markets across the south of China and collectively offer approximately 139
rides and attractions. Due to the geographical locations of the
parks and the ease of travel, the parks are easily accessible to an
aggregate population of approximately 21 million people. The parks
provide a wide range of exciting and entertaining experiences,
including thrilling rides, family-friendly attractions, water
attractions, gourmet festivals, circus performances, and high-tech
facilities. For more information, please visit the Company's
website at https://ir.jsyoule.com/.
Forward-Looking Statements
This press release may contain "forward-looking statements."
Forward-looking statements reflect our current view about future
events. Forward-looking statements involve known and unknown risks
and uncertainties and are based on the Company's current
expectations and projections about future events that the Company
believes may affect its financial condition, results of operations,
business strategy and financial needs. Investors can identify these
forward-looking statements by words or phrases such as "may,"
"will," "could," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "is/are likely to," "propose,"
"potential," "continue" or similar expressions. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and other
filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Golden Heaven Group Holdings Ltd.
Email: group@jsyoule.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
View original
content:https://www.prnewswire.com/news-releases/golden-heaven-group-holdings-ltd-announces-individual-waiver-of-certain-lock-up-restriction-301897213.html
SOURCE Golden Heaven Group Holdings Ltd.