Ticker LaunchIPO lock-up expirations: January 2026
13 US IPO lock-ups ended in January 2026, including Figma, Inc. (FIG), Fermi Inc. (FRMI) and NIQ Global Intelligence plc (NIQ).
| Lock-up ends | Company | Symbol | IPO date | IPO price | Raised | Market cap at IPO | Lock-up | Lead-left |
|---|---|---|---|---|---|---|---|---|
| Mon Jan 12, 2026 | Aura Minerals Inc. | AUGO | Jul 16, 2025 | $24.25 | $196.4M | $2B | 180 days | BofA Securities |
| Mon Jan 12, 2026 | Mega Fortune Co Ltd | MGRT | Jul 16, 2025 | $4.00 | $15M | $55M | 180 days | D. Boral Capital |
| Wed Jan 14, 2026 | Robot Consulting Co., Ltd. | LAWR | Jul 18, 2025 | $4.00 | $15M | $183.8M | 180 days | D. Boral Capital |
| Sat Jan 17, 2026 | Ping An Biomedical Co., Ltd. | MJID | Jul 21, 2025 | $6.00 | $15M | $123M | 180 days | Craft Capital |
| Sun Jan 18, 2026 | Dreamland Ltd | TDIC | Jul 22, 2025 | $4.00 | $2.6M | $120M | 180 days | Bancroft |
| Tue Jan 20, 2026 | NIQ Global Intelligence plc | NIQ | Jul 24, 2025 | $21.00 | $1.05B | $6.2B | 180 days | J.P. Morgan |
| Tue Jan 20, 2026 | McGraw Hill, Inc. | MH | Jul 24, 2025 | $17.00 | $414.6M | $3.25B | 180 days | Goldman Sachs |
| Tue Jan 20, 2026 | Carlsmed, Inc. | CARL | Jul 24, 2025 | $15.00 | $100.5M | $397.7M | 180 days | Goldman Sachs |
| Wed Jan 21, 2026 | Accelerant Holdings | ARX | Jul 25, 2025 | $21.00 | $723.7M | $4.62B | 180 days | Morgan Stanley |
| Tue Jan 27, 2026 | Figma, Inc. | FIG | Jul 31, 2025 | $33.00 | $1.22B | $16.09B | 180 days | Morgan Stanley |
| Tue Jan 27, 2026 | Ambiq Micro, Inc. | AMBQ | Jul 31, 2025 | $24.00 | $96M | $423.3M | 180 days | BofA Securities |
| Wed Jan 28, 2026 | Shoulder Innovations, Inc. | SI | Aug 1, 2025 | $15.00 | $75M | $303.4M | 180 days | Morgan Stanley |
| Thu Jan 29, 2026 | Fermi Inc. | FRMI | Oct 1, 2025 | $21.00 | $682.5M | $12.45B | 120 days | UBS |
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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