Certain Ordinary Shares of ParaZero Technologies Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2024. These Ordinary Shares will be under lockup for 181 days starting from 26-JUL-2023 to 23-JAN-2024.

Details:
The company's directors, executive officers and any other holder(s) of ten percent (10%) or more of the outstanding shares have agreed with the underwriter not to offer for sale, issue, sell, contract to sell, pledge or otherwise dispose of any of our Ordinary Shares or securities convertible into Ordinary Shares for a period of 180 days from the closing of this offering.