Certain Stock Purchase Warrants of Processa Pharmaceuticals, Inc. are subject to a Lock-Up Agreement Ending on 1-JAN-2021. These Stock Purchase Warrants will be under lockup for 91 days starting from 2-OCT-2020 to 1-JAN-2021. Details: Directors and officers and their affiliates have agreed in connection with the present offering, that, without the prior written consent of underwriters, not to sell, transfer, pledge, lend or offer to do any of the same, directly or indirectly, any of securities for a period ending 90 days after the date of this prospectus.