Recent Updates
Recently added Catalysts
RGC Neutral Sentiment

FORM OF FORTH EXTENSION OF LETTER OF LOCK-UP UNDERTAKING Date: From: (the " Optionee ") To: Regencell Bioscience Holdings Limited (the " Company ") References are made in this forth extension of the letter of lock-up und

Key Takeaway: Regencell Bioscience Holdings Limited has announced a fourth extension of a lock-up undertaking for a period of 15 months, extending the agreement until April 20, 2026. This extension involves an agreement between the Optionee and the Company, ensuring compliance under New York law for interpretation and enforcement. No significant positive or negative events were noted beyond the extension itself.
Price reaction · baseline $0.1279 (2025-01-14 close) · hit after-hours · clean, no other RGC news in the window
day 0 close
-0.4%

Market Sentiment Analysis

Full Press Release Details

FORM OF FORTH EXTENSION OF LETTER
OF LOCK-UP UNDERTAKING
References are made in this forth extension of the letter
of lock-up undertaking (this "Fourth Extension of Lock-Up Undertaking") to:
For good and valuable consideration received
by the Optionee from the Company, the Optionee hereby agrees to enter into this Fourth Extension of Lock-Up Undertaking to extend the
Lock- Up Undertakings for an additional fifteen months until April 20, 2026.
The laws of New York shall govern the
interpretation, validity, administration, enforcement, and performance of the terms of this Fourth Extension of Lock-Up Undertaking, regardless
of the law that might be applied under principles of conflicts of laws.
[The remainder of this page is intentionally
IN WITNESS WHEREOF, the Optionee has executed this letter
agreement as of the date first set forth above.
Acknowledged by
Regencell Bioscience Holdings Limited
Yat-Gai Au
Chief Executive Officer
Signature Page of Forth Extension of Letter
of Lock-Up Undertaking

Frequently Asked Questions

What does the Fourth Extension of Lock-Up Undertaking entail?

It extends the Lock-Up Undertakings for an additional fifteen months until April 20, 2026.

Who governs the Fourth Extension of Lock-Up Undertaking?

The laws of New York govern the interpretation and enforcement of this agreement.

Who executed the Fourth Extension of Lock-Up Undertaking?

Yat-Gai Au, the Chief Executive Officer of Regencell Bioscience Holdings Limited.

How long is the extension period for the lock-up agreement?

The extension period for the lock-up agreement is a total of fifteen months.

Last updated: Jan 15, 2025