Certain Ordinary Shares of Webuy Global Ltd are subject to a Lock-Up Agreement Ending on 16-APR-2024. These Ordinary Shares will be under lockup for 181 days starting from 18-OCT-2023 to 16-APR-2024.

Details:
The Company, each of its directors and executive officers and all its existing shareholders, have agreed, for a period of six months from the date of this prospectus, not to, except in connection with this offering, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any ordinary shares or any other securities convertible into or exercisable or exchangeable for ordinary shares, or enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of ordinary shares. Each of its directors, executive officers and shareholders holding 5% or more of the issued and outstanding ordinary shares, except for the Selling Shareholders with respect to its ordinary shares sold in this offering, will enter into a lock-up agreement with the representative not to sell, transfer or dispose of any ordinary shares for a period of six months from the date of this prospectus.