Certain Common Stock of Ideal Power Inc. are subject to a Lock-Up Agreement Ending on 24-JUN-2024. These Common Stock will be under lockup for 91 days starting from 25-MAR-2024 to 24-JUN-2024.

Details:
The executive officers and directors have agreed not to offer, sell, contract to sell, hypothecate, pledge or otherwise dispose of, directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position with respect to, any shares of common stock, subject to specified limited exceptions, for 90 days after the closing of this offering without the prior written consent of Titan Partners Group LLC, a division of American Capital Partners, LLC.