Certain Common Stock of Veru Inc. are subject to a Lock-Up Agreement Ending on 18-MAY-2021. These Common Stock will be under lockup for 90 days starting from 17-FEB-2021 to 18-MAY-2021.

Details:
The company, executive officers, directors and certain holders of outstanding common stock have agreed, subject to specified exceptions, not to directly or indirectly, for a period of 90 days from the date of the underwriting agreement, without the prior written consent of Jefferies LLC: sell, offer to sell, contract to sell or lend, effect any short sale or establish or increase a “put equivalent position” under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), or liquidate or decrease any “call equivalent position”, pledge, hypothecate or grant any security interest in, or in any other way transfer or dispose of, any common stock or any securities convertible into or exchangeable or exercisable for common stock currently or thereafter owned either of record or beneficially, enter into any swap, hedge or any other agreement or any transaction that transfers, in whole or in part, the economic consequence of ownership of any common stock or any securities convertible into or exchangeable or exercisable for common stock, whether any such swap or transaction is to be settled by delivery of common stock or other securities, in cash or otherwise, or publicly announce an intention to do any of the foregoing.