Magnus Holdings sells 1.11M shares of Acushnet; retains 50.7% stake with 30-day lock-up

Acushnet Holdings Corp.

Magnus Holdings sold 1,110,000 shares of Acushnet common stock on Aug 9, 2024 via Rule 144 transaction.
Transaction executed for liquidity purposes; Fila plans to retain majority stake in Acushnet.
Magnus beneficially owns 50.7% of outstanding common stock post-sale.
Magnus entered into a 30-day lock-up agreement restricting further share sales or transfers.
Lock-up agreement permits certain transfers to affiliates, estate planning, and pledges under credit agreements.

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