Certain Class B Ordinary Shares of VS MEDIA Holdings Limited are subject to a Lock-Up Agreement Ending on 27-MAR-2024. These Class B Ordinary Shares will be under lockup for 182 days starting from 27-SEP-2023 to 27-MAR-2024.

Details:
The officers, directors, and shareholders holding 5% or more of the issued and outstanding Class A Ordinary Shares have agreed, subject to certain exceptions, to a 6-month lock-up period from the date of this prospectus, with respect to the Class A Ordinary Shares that they beneficially own, including the issuance of shares upon the exercise of convertible securities and options that may be currently outstanding or which may be issued. This means that, for a period of six months following the date of this prospectus, such persons may not offer, sell, pledge or otherwise dispose of these securities without the prior written consent of the underwriters or as otherwise agreed.