IPO lock-up expirations: April 2027

4 US IPO lock-ups end in April 2027, including City Therapeutics, Inc. (CTY), Iambic Therapeutics, Inc. (IAM) and TRex Bio, Inc. (TRXB).

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.