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flag Lock-up on Xcel Brands shares ends Nov. 3, 2025, restricting insiders from selling stock.

flag Certain common shares, stock options, and warrants of Xcel Brands, Inc. are subject to a lock-up agreement ending November 3, 2025. flag The 91-day restriction began August 4, 2025, and bars directors and officers from selling or transferring stock or convertible securities without the placement agent’s written consent, which can be granted at any time without public notice. flag The lock-up aims to stabilize the stock price after the company’s recent offering.

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