Certain Class B Common Stock of Equity Distribution Acquisition Corp. are subject to a Lock-Up Agreement Ending on 15-MAR-2021. These Class B Common Stock will be under lockup for 180 days starting from 16-SEP-2020 to 15-MAR-2021.

Details:
The company, sponsors, officers, and directors have agreed with the underwriters, subject to certain exceptions, not to, except with the prior written consent of the underwriters, offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, warrants, shares of Class A common stock or any other securities convertible into, or exercisable, or exchangeable for, shares of Class A common stock during the period from the date of this prospectus continuing through the date 180 days after the date of this prospectus; provided, however, that the company may issue and sell the private placement warrants, issue and sell the additional units to cover the underwriters' over-allotment option (if any), register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering, the resale of the founder shares and the private placement warrants or the warrants and shares of Class A common stock issuable upon exercise of the warrants and issue securities in connection with a Business Combination.