Certain Options of Intellipharmaceutics International Inc. are subject to a Lock-Up Agreement Ending on 11-JAN-2019. These Options will be under lockup for 91 days starting from 12-OCT-2018 to 11-JAN-2019.

Details:
The officers, directors and certain of its principal stockholders have agreed not to directly or indirectly sell, offer, contract or grant any option to sell, pledge, transfer, dispose of any shares of common stock, options or warrants to acquire shares of common stock, or securities exchangeable or exercisable for or convertible into shares of common stock for the period of 90 days from the date of prospectus.