Their ipo was not a 180d expiry, had different terms
Replies
Very odd. I haven’t read the S-1 but will need to check it out. I’ve been wondering if lockups would loosen up after Slack v. Pirani but kinda assumed it would happen through waivers.
sep 2, 2025, 5:34 pm • 0 0 • view
been on this for a bit sherwood.news/markets/why-...
sep 2, 2025, 5:48 pm • 1 0 • view
Circle’s recent post-IPO secondary was basically providing a liquidity event for major holders too, based on the terms of its prospectus
sep 2, 2025, 5:49 pm • 2 0 • view
Very interesting. Based on the UWs/UWC for Coreweave, I wouldn’t be surprised if their lockup term becomes a new market standard.
sep 2, 2025, 5:56 pm • 0 0 • view