Certain Class B Ordinary Shares of Nano Labs Ltd are subject to a Lock-Up Agreement Ending on 8-JAN-2023. These Class B Ordinary Shares will be under lockup for 181 days starting from 11-JUL-2022 to 8-JAN-2023.

Details:
The company's directors and executive officers and its existing shareholders have agreed that they will not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, or enter into any transaction or device that is designed to, or could be expected to, result in the disposition, directly or indirectly, of any ADSs, ordinary shares or securities convertible into or exchangeable or exercisable for any ADSs or ordinary shares without the prior written consent of the representatives of the underwriters for a period of 180 days after the date of this prospectus.