Certain warrants of Hempacco Co., Inc. are subject to a Lock-Up Agreement Ending on 9-AUG-2023.
August 08, 2023
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Certain warrants of Hempacco Co., Inc. are subject to a Lock-Up Agreement Ending on 9-AUG-2023. These warrants will be under lockup for 180 days starting from 10-FEB-2023 to 9-AUG-2023.
Details:
The executive officers, directors and security holder(s) of five percent (5%) or more of securities have agreed not to offer, sell, agree to sell, directly or indirectly, or otherwise dispose of any shares of common stock for a lock-up period through August 30, 2023, subject to certain exceptions, and have agreed not to offer or sell any shares of stock until September 1, 2023 and will be subject to a 180-day lock-up period pursuant to FINRA Rule 5110(e)(1).
Hempacco Co., Inc. is a vertically integrated hemp manufacturing company. The Company is focused on Disrupting Tobacco's with herb and hemp-based alternatives to nicotine cigarettes by manufacturing and marketing herb, spice, and cannabinoid smokables and rolling paper. It owns The Real Stuff functional hemp cigarette and rolling paper brand. Its operating segments include Manufacturing of smokables, hemp rolling paper, and cannabinoid sticks, Smokable technology development, The Real Stuff brand of functional smokables and rolling paper, Cheech and Chong Hemp Cigarettes and Hemp Hop Smokables with Rick Ross and Snoop Dogg Joint Venture of Hemp-Derived Products. It offers white label and private label research and development (R&D) and manufacturing, specializing in intellectual property-driven projects, such as mushroom extraction using only water and magnets, production of Hemp Blunts smoking paper, beverage and shot R&D and manufacturing in hemp and functional mushrooms and others.