Certain Class B Ordinary Shares of Leo Holdings III Corp are subject to a Lock-Up Agreement Ending on 25-AUG-2021. These Class B Ordinary Shares will be under lockup for 180 days starting from 26-FEB-2021 to 25-AUG-2021.

Details:
The sponsor and 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 Deutsche Bank Securities Inc., offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, warrants, Class A ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, Class A ordinary share.