Certain Common Stock of EBET, Inc. are subject to a Lock-Up Agreement Ending on 8-MAY-2023. These Common Stock will be under lockup for 91 days starting from 6-FEB-2023 to 8-MAY-2023.

Details:
The Company's directors and officers entered into lock-up agreements. Under these agreements, these individuals agreed, subject to specified exceptions, not to sell or transfer any shares of common stock or securities convertible into, or exchangeable or exercisable for, common stock during a period ending 90 days after the closing date of this offering, without first obtaining the written consent of the placement agent. In addition, subject to certain exceptions, The Company agreed not to (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of common stock (or securities convertible into or exercisable for common stock), (ii) file any registration statement or any amendment or supplement (other than the prospectus supplement, registration statement or amendment to the registration statement relating to the securities offered hereunder), (iii) complete any offering of debt securities, (iv) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of capital stock of, whether any such transaction described in clause (i), (ii), (iii) or (iv) above is to be settled by delivery of shares of capital stock or such other securities, in cash or otherwise or (v) enter into a Variable Rate Transaction (as defined in the Placement Agent Agreement) until 90 days after the closing date of this offering.