10,116,117 Common Stock of Metropolitan Bank Holding Corp. are subject to a Lock-Up Agreement Ending on 26-MAY-2026. These Common Stock will be under lockup for 90 days starting from 25-FEB-2026 to 26-MAY-2026.
Details:
The Company?s directors and executive officers have entered into lock-up agreements with the underwriters prior to the commencement of the Offering. Pursuant to these agreements, each such person, with limited exceptions, may not, for a period of 90 days after the date of this prospectus supplement and without the prior written consent of UBS Securities LLC and Hovde Group, LLC: (i) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, lend, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of any shares of the Company?s common stock or any securities convertible into or exercisable or exchangeable for shares of the Company?s common stock, or exercise any right with respect to the registration of any such shares, or file, cause to be filed, or cause to be confidentially submitted any registration statement in connection therewith under the Securities Act; (ii) enter into any hedging, swap, loan, or any other agreement or transaction that transfers, in whole or in part, directly or indirectly, the economic consequences of ownership of the Company?s common stock, whether any such hedging, swap, loan, or transaction is to be settled by delivery of the Company?s common stock or other securities, in cash, or otherwise; or (iii) publicly disclose the intention to engage in any of the activities described in clauses (i) and (ii) above.