546,295,421 Ordinary Shares of ClouDr Group Limited are subject to a Lock-Up Agreement Ending on 6-JAN-2023.
Details:
Almost all of the existing Shareholders has each undertaken to the Company and the Joint Sponsors and the Joint Representatives that it will not, and will procure that its respective affiliates will not, without the prior written consent of the Company and the Joint Representatives, dispose of any Shares beneficially owned by such Shareholder as of the Listing Date (the Locked-up Securities) for a period of six months from the Listing Date (Lock-up Period), save for certain special circumstances.
These existing Shareholders who are subject to the above undertaking amount to, in aggregate, approximately 96.17% of the issued share capital of the Company as of the Latest Practicable Date and approximately 95.03% of the issued share capital of the Company immediately upon Listing.