Certain Warrants of U.S. Energy Corp. are subject to a Lock-Up Agreement Ending on 13-AUG-2021. These Warrants will be under lockup for 181 days starting from 13-FEB-2021 to 13-AUG-2021.

Details:
The Officers and directors have agreed, subject to limited exceptions, for a period of 270 days after the closing of this Offering, not to offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of, directly or indirectly any shares of common stock or any securities convertible into or exchangeable for common stock either owned as of the date of the underwriting agreement or thereafter acquired without the prior written consent of the representative.