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IPO lock-up expirations: November 2025

6 US IPO lock-ups ended in November 2025, including Hinge Health, Inc. (HNGE), eToro Group Ltd. (ETOR) and MNTN, Inc. (MNTN).

Lock-up endsCompanySymbolIPO dateIPO priceRaisedMarket cap at IPOLock-upLead-left
Tue Nov 4, 2025American Integrity Insurance Group, Inc.AIIMay 8, 2025$16.00$110M$313.3M180 daysPiper Sandler
Mon Nov 10, 2025OMS Energy Technologies Inc.OMSEMay 14, 2025$9.00$33.3M$382M180 daysRoth Capital
Tue Nov 11, 2025eToro Group Ltd.ETORMay 15, 2025$52.00$620M$2.36B180 daysGoldman Sachs
Tue Nov 18, 2025MNTN, Inc.MNTNMay 22, 2025$16.00$134.4M$1.23B180 daysMorgan Stanley
Wed Nov 19, 2025Hinge Health, Inc.HNGEMay 23, 2025$32.00$437.3M$2.5B180 daysMorgan Stanley
Wed Nov 19, 2025Fast Track GroupFTRKMay 23, 2025$4.00$15M$85M180 daysAlexander Capital

The lock-up end date is the IPO pricing date plus the lock-up period stated in the final prospectus (usually 180 days); shares can typically be sold from the next trading day. Many agreements allow earlier release, often after an earnings report or if the stock trades above a set price, and the banks can waive them. "Staged" means the prospectus also sets other release dates for some shares. The prospectus's Underwriting section has the exact terms; dates here are not investment advice.

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Upcoming lock-up expirations