Certain Warrants of Zosano Pharma Corporation are subject to a Lock-Up Agreement Ending on 10-MAY-2022. These Warrants will be under lockup for 91 days starting from 8-FEB-2022 to 10-MAY-2022.

Details:
Officers and directors have agreed, subject to certain specified exceptions, not to directly or indirectly,sell, offer, contract or grant any option to sell (including any short sale), pledge, transfer, establish an open “put equivalent position” within the meaning of Rule 16a-l(h) under the Exchange Act, or otherwise dispose of, any shares of common stock, options or warrants to acquire shares of common stock, or securities exchangeable or exercisable for or convertible into shares of common stock, for a period 90 days after the date of the underwriting agreement.