IPO Lockup Expirations

A lock-up on an IPO prevents major shareholders and company insiders from selling shares in the company for a specified number of days following an IPO to prevent the market from being flooded with too much supply of a company's stock. Following the expiration of the lock-up period, restrictions preventing a company's employees and other major shareholders from selling their stock are lifted. Lock-up expirations often coincide with a 1-3% drop in the company's stock as a result of the increased number of available shares of the company.

Company NameExpiration DateNumber of SharesInitial Share PriceOffer SizeDate Priced Price
M III Acquisition Corp (MIIIU)1/3/201715,000,000$10.00$150,000,0007/7/2016
Monster Digital (MSDI)1/4/20172,025,000$4.00$9,112,5007/8/2016
LINE Corporation (LN)1/10/201735,000,000$33.00$1,149,400,0007/14/2016
AdvancePierre Foods Holdings (APFH)1/11/201718,600,000$21.00$390,600,0007/15/2016
Conyers Park Acquisition Corp (CPAAU)1/11/201737,500,000$10.00$375,000,0007/15/2016
Audentes Therapeutics (BOLD)1/16/20175,000,000$15.00$75,000,0007/20/2016
IMPINJ (PI)1/17/20174,800,000$14.00$67,200,0007/21/2016
Patheon NV (PTHN)1/17/201729,761,905$21.00$625,000,0057/21/2016
TPI Composites (TPIC)1/18/20176,250,000$11.00$68,750,0007/22/2016
Kadmon Holdings (KDMN)1/23/20176,250,000$12.00$75,000,0007/27/2016
Kinsale Capital Group (KNSL)1/24/20176,600,000$16.00$105,600,0007/28/2016
Tactile Systems Technology (TCMD)1/24/20174,000,000$10.00$40,000,0007/28/2016
Cellect Biotechnology (APOP)1/25/20171,292,308$6.00$8,400,0027/29/2016
Long Island Iced Tea Corp. (LTEA)1/25/20171,818,182$6.00$10,000,0017/29/2016
Talend S.A. (TLND)1/25/20175,250,000$18.00$94,500,0007/29/2016
At Home Group (HOME)1/31/20178,667,000$15.00$130,005,0008/4/2016
First Hawaiian (FHB)1/31/201721,086,957$23.00$485,000,0118/4/2016