Certain Class B Ordinary Shares of Founder SPAC are subject to a Lock-Up Agreement Ending on 12-APR-2022. These Class B Ordinary Shares will be under lockup for 180 days starting from 14-OCT-2021 to 12-APR-2022.

Details:
The sponsor and officers and directors have agreed that, for a period of 180 days from the date of this prospectus, and they will not, without the prior written consent of Jefferies LLC, offer, sell, contract to sell, grant any option to sell (including any short sale), pledge, transfer, establish an open “put equivalent option” within the meaning of Rule 16a-l(h) under the Exchange Act, as amended, or otherwise dispose of, directly or indirectly, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares currently or hereafter owned either of record or beneficially, or publicly announce an intention to do any of the foregoing; provided, however, that may (1) issue and sell the private placement warrants, (2) issue and sell the additional units to cover underwriter's 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 warrants and shares of Class A ordinary shares issuable upon exercise of the warrants and the founder shares and (4) issue securities in connection with an initial business combination. Jefferies LLC in its sole discretion may release any of the securities subject to these lock-up agreements at any time without notice.