Certain Class B Ordinary Shares of Summit Healthcare Acquisition Corp. are subject to a Lock-Up Agreement Ending on 5-DEC-2021. These Class B Ordinary Shares will be under lockup for 180 days starting from 8-JUN-2021 to 5-DEC-2021.

Details:
The sponsor, officers and directors have agreed that, for a period of 180 days from the date of this prospectus, they will not, without the prior written consent of the underwriter, offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares, provided, however, that they may (1) issue and sell the private placement warrants, (2) issue and sell the additional units to cover the underwriter's over-allotment option (if any), (3) register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering or the forward purchase agreements, as applicable, the resale of the private placement warrants, forward purchase securities and shares of Class A ordinary shares issuable upon exercise of the warrants and upon conversion of the founder shares, (4) issue securities in connection with an initial business combination and (5) issue and sell the forward purchase shares and the forward purchase warrants. The underwriter may release any of the securities subject to these lock-up agreements at any time without notice.