Certain Stock Options of Clene Inc. are subject to a Lock-Up Agreement Ending on 15-SEP-2023. These Stock Options will be under lockup for 91 days starting from 16-JUN-2023 to 15-SEP-2023.

Details:
Pursuant to certain ??lock-up?? agreements, the company and its executive officers and directors have agreed, subject to certain exceptions, not to (i) directly or indirectly, 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 or otherwise transfer or dispose of any shares of its common stock or any securities convertible into or exercisable or exchangeable for its common stock or file any registration statement under the Securities Act with respect to any of the foregoing or (ii) enter into any swap or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of its common stock, whether any such swap or transaction described in clause (i) or (ii) above is to be settled by delivery of its common stock or other securities, in cash or otherwise, without the prior written consent of the underwriter, for a period of 90 days after the date of the pricing of the offering.