15,000 Warrants of FRNT Financial Inc. are subject to a Lock-Up Agreement Ending on 19-OCT-2023. These Warrants will be under lockup for 555 days starting from 12-APR-2022 to 19-OCT-2023.

Details:
An aggregate of 18,794,389 Common Shares, 10,808,120 Class A Common Shares, 100,000 Warrants and 490,000 Options will be deposited into escrow and released as to 10% on the listing date and the remaining in 6 equal tranches of 15% each on the dates that are 6 months, 12 months, 18 months, 24 months, 30 months, and 36 months following the listing date.

Each of the officers and directors of the company, along with all shareholders of the company, will agree, in a lock-up agreement to be executed concurrently with closing, that for a period of 180 days from the Closing Date, each will not, directly or indirectly, offer, sell, contract to sell, grant or sell any option to purchase, hypothecate, pledge, transfer, assign, purchase any option or contract to sell, lend, swap, or enter into any other agreement to transfer the economic consequences of, or otherwise dispose of, reduce its financial exposure to, or deal with the securities of the company held by such person, whether through the facilities of a stock exchange, by private placement or otherwise, and further will not publicly announce any intention to undertake any of the foregoing.