coin-img-ETHETH-2.90%coin-img-BTCBTC-2.50%coin-img-HYPEHYPE-6.01%coin-img-BITKBITK-56.81%coin-img-SOULCORESOULCORE-12.26%coin-img-SOLSOL-2.79%coin-img-XRPXRP-2.45%coin-img-USDCUSDC+0.01%coin-img-ETHETH-2.90%coin-img-BTCBTC-2.50%coin-img-HYPEHYPE-6.01%coin-img-BITKBITK-56.81%coin-img-SOULCORESOULCORE-12.26%coin-img-SOLSOL-2.79%coin-img-XRPXRP-2.45%coin-img-USDCUSDC+0.01%coin-img-ETHETH-2.90%coin-img-BTCBTC-2.50%coin-img-HYPEHYPE-6.01%coin-img-BITKBITK-56.81%coin-img-SOULCORESOULCORE-12.26%coin-img-SOLSOL-2.79%coin-img-XRPXRP-2.45%coin-img-USDCUSDC+0.01%coin-img-ETHETH-2.90%coin-img-BTCBTC-2.50%coin-img-HYPEHYPE-6.01%coin-img-BITKBITK-56.81%coin-img-SOULCORESOULCORE-12.26%coin-img-SOLSOL-2.79%coin-img-XRPXRP-2.45%coin-img-USDCUSDC+0.01%
user-avatar
CNBC

SpaceX IPO filing outlines phased insider lock-ups that could allow earlier share sales

SpaceX's IPO filing describes a nonstandard lock-up plan that could let pre-IPO holders sell portions of shares weeks and months after listing. The schedule starts after the company reports results for the three months through June, with additional unlocks at 70, 90, 105, 120 and 135 days post-IPO, and more after results for the three months through September. The structure could expand tradable float earlier than a typical 180-day lock-up and may affect how quickly the stock can meet Nasdaq 100 inclusion mechanics.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.