Certain Restricted Stock Units of Tourmaline Bio, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024. These Restricted Stock Units will be under lockup for 91 days starting from 25-JAN-2024 to 25-APR-2024.

Details:
The directors and executive officers, and certain of its significant stockholders have entered into lock up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 90 days after the date of this prospectus supplement, may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of Jefferies LLC and Piper Sandler & Co. sell, offer to sell, contract to sell or lend or grant any option to sell (including any short sale), pledge, hypothecate or grant any security interest in, or transfer any lock-up securities; enter into any swap, hedge or similar arrangement or agreement that transfers, in whole or in part, the economic risk of ownership of the lock-up securities, whether any such transaction is to be settled by delivery of lock-up securities, in cash or otherwise, establish or increase an open ?put equivalent position? within the meaning of Rule 16a-l(h) under the Exchange Act, or liquidate or decrease any ?call equivalent position? (as defined in Rule 16a-1(b) under the Exchange Act), make any demand for or exercise any right with respect to, the registration of any lock-up securities, or publicly disclose the intention to do any of the foregoing.