Is this typical structuring for IPOs?
Only 4.2% of $SPCX is circulating right now, next unlock ...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
The asset $SPCX currently has a low circulating supply of only 4.2%. A performance-based unlock of an additional 5.3% of the supply is scheduled for July 20th, contingent on the price remaining at least 30% above the IPO price for 5 out of 10 sessions. The unlock schedule for $SPCX includes major holder groups such as Elon Musk, Alphabet, xAI Merger Holders, and Institutional & VC firms.
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About Duncan
Duncan
By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.