Parse Error in below mentioned code

I'm getting Parse error in below mentioned code. If I comment the below code, application works fine.

<script type="text/x-handlebars" data-template-name="newProduct">
    <div class='single-prod'>
        <h2></h2>
        <p></p>
         <img  class='img-thumbnail img-rounded' />
        <p>$</p>
        <h3> Reviews</h3>
        <ul>
            
                <li></li>
            
               <li><p class='text-muted'>
                        <em>No reviews yet. Be the first to write one! </em>
                    </p>
               </li>
            
        </ul>
    </div>
</script>

Would appreciate any help !!