Certain Common Stock of DatChat, Inc. are subject to a Lock-Up Agreement Ending on 18-JUL-2024. These Common Stock will be under lockup for 183 days starting from 17-JAN-2024 to 18-JUL-2024.

Details:
Executive officers and directors have agreed with the Representative that, subject to certain customary exceptions, without the prior written consent of the Representative, for a period commencing on the date of the lock-up agreement and ending on the date that is the one-hundred eighty days after the closing of the offering, that they shall 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, any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company.