Certain Common Shares of Business First Bancshares, Inc. are subject to a Lock-Up Agreement Ending on 11-JAN-2023. These Common Shares will be under lockup for 91 days starting from 12-OCT-2022 to 11-JAN-2023.

Details:
The company and and each of our executive officers and directors, have agreed for the period beginning on and including the date that is 90 days after the date of this prospectus supplement, not to, without the prior written consent of Stephens offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of our common stock or any securities convertible into or exercisable or exchangeable for our common stock (including without limitation, common stock or such other securities which may be deemed to be beneficially owned by the executive officer or director in accordance with the rules and regulations of the SEC and securities which may be issued upon exercise of a stock option or warrant), or publicly disclose the intention to make any offer, sale, pledge or disposition.