Certain Ordinary Shares of Global Lights Acquisition Corp are subject to a Lock-Up Agreement Ending on 13-MAY-2024. These Ordinary Shares will be under lockup for 182 days starting from 13-NOV-2023 to 13-MAY-2024.

Details:
The company sponsor has agreed not to transfer, assign or sell its founder shares (A) with respect to 50% of the founder shares, the earlier of six months after the date of the consummation of our initial business combination and the date on which the closing price of our ordinary shares equals or exceeds $16.50 per share (as adjusted for share sub-divisions, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after our initial business combination, (B) with respect to the remaining 50% of the founder shares, six months after the date of the consummation of our initial business combination, or (C) earlier, if, subsequent to our initial business combination, we consummate a subsequent liquidation, merger, stock exchange or other similar transaction which results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property (except as described herein under ?Principal Shareholders?).