Late October. November 9. December 1.
Those are lockup expiration dates for three of this year's larger new listings — the moment pre-IPO holders can start selling.
Most people buying a hot new ticker never look them up. They matter. One 2026 listing used an Up-C structure where the public entity holds just 13.7 percent of the operating company; the other 86.3 percent sits with pre-IPO holders whose lockup runs out around December 1.
See how we're reading this year's IPO class
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A lockup isn't a verdict on a business. It's a supply event on a known date, which makes it one of the few genuinely schedulable things in an otherwise chaotic corner of the market. Combine it with a 25-day analyst quiet period after pricing and you get a class of stocks where the information flow and the share supply are both on timers almost nobody tracks.
We worked through 232 U.S. listings from this year and the pipeline behind them. Seven names survived — four already trading, three still private. Every entry lists the lockup date alongside the valuation, cash runway, catalysts and a specific bear case.
A few of the things you'll find:
- The reactor developer whose officers and directors bought stock on the open market four times in six months, with no sales
- Why one pick's $1.9 billion of cash covers roughly 19 quarters at its current burn
- The name where 40 percent of its enterprise value is already covered by $7.2 billion of binding contracts
If you'd rather own new listings on a calendar than on a headline, the report is free and one click away.
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P.S. Three of the seven haven't priced yet. Public S-1s typically land four to six weeks ahead of pricing — the report explains what that window looks like for each of them.
Read the report now
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