Certain Ordinary Shares of Andina Acquisition Corp. III are subject to a Lock-Up Agreement Ending on 29-JUL-2019. These Ordinary Shares will be under lockup for 182 days starting from 28-JAN-2019 to 29-JUL-2019.

Details:
The executive officers and directors will enter into lock-up agreements with the underwriters. Under the lock-up agreements, subject to certain exceptions, The company and each of these persons may not, without the prior written approval of Cowen and Company, LLC, offer, sell, contract to sell, pledge, or otherwise dispose of, directly or indirectly, or hedge the units, rights, warrants, ordinary shares or any other securities convertible into or exchangeable or exercisable for ordinary shares. These restrictions will be in effect for a period of 180 days after the date of this prospectus.