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 ends | Company | Symbol | IPO date | IPO price | Raised | Market cap at IPO | Lock-up | Lead-left |
|---|---|---|---|---|---|---|---|---|
| Tue Nov 4, 2025 | American Integrity Insurance Group, Inc. | AII | May 8, 2025 | $16.00 | $110M | $313.3M | 180 days | Piper Sandler |
| Mon Nov 10, 2025 | OMS Energy Technologies Inc. | OMSE | May 14, 2025 | $9.00 | $33.3M | $382M | 180 days | Roth Capital |
| Tue Nov 11, 2025 | eToro Group Ltd. | ETOR | May 15, 2025 | $52.00 | $620M | $2.36B | 180 days | Goldman Sachs |
| Tue Nov 18, 2025 | MNTN, Inc. | MNTN | May 22, 2025 | $16.00 | $134.4M | $1.23B | 180 days | Morgan Stanley |
| Wed Nov 19, 2025 | Hinge Health, Inc. | HNGE | May 23, 2025 | $32.00 | $437.3M | $2.5B | 180 days | Morgan Stanley |
| Wed Nov 19, 2025 | Fast Track Group | FTRK | May 23, 2025 | $4.00 | $15M | $85M | 180 days | Alexander 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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