Certain Class B Common Stock of G3 VRM Acquisition Corp. are subject to a Lock-Up Agreement Ending on 27-DEC-2021. These Class B Common Stock will be under lockup for 180 days starting from 30-JUN-2021 to 27-DEC-2021.

Details:
The company, its sponsor and its officers and directors have agreed that, for a period of 180 days from the date of this prospectus, they will not, without the prior written consent of Maxim, offer, sell, contract to sell, grant any option to sell (including any short sale), pledge, transfer, establish an open “put equivalent position” within the meaning of Rule 16a-l(h) under the Exchange Act, as amended, or otherwise dispose of, directly or indirectly, any of its units, warrants, shares of common stock, or any other securities convertible into, or exercisable, or exchangeable for, shares of its common stock currently or hereafter owned either of record or beneficially, or publicly announce an intention to do any of the foregoing. Maxim in its sole discretion may release any of the securities subject to these lock-up agreements at any time without notice. Its sponsor, officers, and directors are also subject to separate transfer restrictions on their founder shares and private placement warrants pursuant to the letter agreement as described herein.