Certain Founder Shares of Proficient Alpha Acquisition Corp. are subject to a Lock-Up Agreement Ending on 26-NOV-2019. These Founder Shares will be under lockup for 181 days starting from 29-MAY-2019 to 26-NOV-2019.

Details:
The initial stockholders have agreed not to transfer, assign, sell or release from escrow 50% of the founders' shares until the earlier of (i) six months after the date of the consummation of initial business combination or (ii) the date on which the closing price of the company's common stock equals or exceeds $12.50 per share for any 20 trading days within any 30-trading day period commencing after the initial business combination and the remaining 50% of the founder shares may not be transferred, assigned or sold until six months after the date of the consummation of the initial business combination.