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IPO lock-up expirations: March 2026

12 US IPO lock-ups ended in March 2026, including Klarna Group plc (KLAR), Figure Technology Solutions, Inc. (FIGR) and Via Transportation, Inc. (VIA).

Lock-up endsCompanySymbolIPO dateIPO priceRaisedMarket cap at IPOLock-upLead-left
Mon Mar 9, 2026Klarna Group plcKLARSep 10, 2025$40.00$1.37B$15.09B180 daysGoldman Sachs
Tue Mar 10, 2026Figure Technology Solutions, Inc.FIGRSep 11, 2025$25.00$787.5M$5.21B180 daysGoldman Sachs
Wed Mar 11, 2026LB Pharmaceuticals IncLBRXSep 12, 2025$15.00$285M$336.6M180 daysLeerink Partners
Wed Mar 11, 2026Hang Feng Technology Innovation Co., Ltd.FOFOSep 12, 2025$4.00$5.5M$26.7M180 daysKingswood
Sat Mar 14, 2026Legence Corp.LGNSep 15, 2025$28.00$728M$1.54B180 daysGoldman Sachs
Sat Mar 14, 2026Via Transportation, Inc.VIASep 15, 2025$46.00$492.9M$3.65B180 daysGoldman Sachs
Sat Mar 14, 2026Gemini Space Station, Inc.GEMISep 15, 2025$28.00$425M$3.28B180 daysGoldman Sachs
Sat Mar 14, 2026Black Rock Coffee Bar, Inc.BRCBSep 15, 2025$20.00$294.1M$967.8M180 daysJ.P. Morgan
Tue Mar 17, 2026WaterBridge Infrastructure LLCWBISep 18, 2025$20.00$634M$2.37B180 daysJ.P. Morgan
Wed Mar 18, 2026Pattern Group Inc.PTRNSep 19, 2025$14.00$300M$2.46B180 daysGoldman Sachs
Wed Mar 25, 2026Megan Holdings Ltd.MGNSep 26, 2025$4.00$5M$65M180 daysD. Boral Capital
Mon Mar 30, 2026Neptune Insurance Holdings Inc.NPOct 1, 2025$20.00$368.4M$2.76B180 daysMorgan Stanley

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