Delcath Systems Inc (DCTH)

[CanadaGreece]

Like WTF.....

"As required by the Securities Purchase Agreement, each director and officer of the Company entered into a lock-up agreement with the Company whereby each director and officer agreed that during the period commencing from July 11, 2019 until 120 days after the Effective Date (as defined in the Securities Purchase Agreement), such director or officer will not offer, sell, contract to sell, hypothecate, pledge or otherwise dispose of or enter into any transaction to dispose of, or establish or increase a put position or liquidate or decrease a call position, with respect to any share of Common Stock or securities convertible, exchangeable or exercisable into, shares of Common Stock. In addition, as required by the Securities Purchase Agreement, each Investor and each officer, director and stockholder holding more than 10% of the issued and outstanding shares of Common Stock will agree to vote all shares of Common Stock over which it has voting control in favor of any resolution presented to the shareholders of the Company to approve the reverse stock split of the Common Stock as contemplated by the Securities Purchase Agreement."