38,961,019 Common Stock of Unusual Machines, Inc. are subject to a Lock-Up Agreement Ending on 23-MAY-2026. These Common Stock will be under lockup for 61 days starting from 23-MAR-2026 to 23-MAY-2026.
Details:
The company?s executive officers, directors, and certain other existing security holders have agreed not to sell or transfer any common stock or securities convertible into, exchangeable for, or exercisable for common stock for 60 days after the date of the placement agency agreement without first obtaining the written consent of the placement agents. Specifically, the company and these persons have agreed, with certain limited exceptions, not to directly or indirectly offer, pledge, or contract to sell any common stock; sell any option or contract to purchase any common stock; purchase any option or contract to sell any common stock; grant any option, right, or warrant for the sale of any common stock; otherwise dispose of or transfer any common stock; request or demand that the company file a registration statement related to the common stock; or enter into any swap or other agreement or transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of any common stock, whether any such swap or transaction is to be settled by delivery of other securities, in cash, or otherwise.