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SunScout Holding Limited Announces Waiver of Lock-Up Restriction

GlobeNewswire

Palmerston North, New Zealand, Oct. 23, 2026 -- SunScout Holding Limited (NYSE American/NYSE Texas: SNSC) ("SunScout" or the "Company"), a clean-technology company developing and commercializing autonomous, solar-powered robotic mowers and related solar energy solutions, announced today that Revere Securities LLC, as assignee of the rights of Dominari Securities LLC, representative of the underwriters in the Company's initial public offering of 3,100,000 Class A ordinary shares is waiving the lock-up restriction with respect to 920,000 Class A ordinary shares of the Company held by JKM Equity Limited, an entity wholly owned by an officer of the Company. The waiver was granted pursuant to the underwriting agreement entered into in connection with the offering.

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