Certain Options of Adial Pharmaceuticals, Inc. are subject to a Lock-Up Agreement Ending on 23-JAN-2019. These Options will be under lockup for 181 days starting from 26-JUL-2018 to 23-JAN-2019.

Details:
The directors and executive officers and substantially all of other stockholders have agreed that they will not 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, 4,068,504 shares of securities or any securities convertible into or exercisable or exchangeable for shares of common stock, for a period of 180 days after the date of the final prospectus, without the prior written consent of Aegis Capital Corp.