Certain Ordinary Shares of Greencity Acquisition Corporation are subject to a Lock-Up Agreement Ending on 20-JAN-2021. These Ordinary Shares will be under lockup for 181 days starting from 23-JUL-2020 to 20-JAN-2021.

Details:
Company's sponsor and officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of Ladenburg for a period of 180 days after the date of this prospectus, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares; provided, however, that we may (1) issue and sell the private placement units, (2) issue and sell the additional units to cover underwriters' over-allotment option (if any), (3) register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering, the resale of the private placement units and the underlying securities and the founder shares, and (4) issue securities in connection with company's initial business combination.