Upcoming Share Unlocks: What to Do and How to Know
As noted in our blog, “Share Structure: Using it to your Advantage,” locked up shares and their subsequent unlocking affects available float and trading liquidity. In fact, the available float in many microcap companies is kept artificially low during the first six months to a year after an IPO due to lock lock-up agreements. This can help boost share price gains during the early days, but can put the brakes on momentum when shares are unlocked.