> Lock-up expires 29 August [1]. Its actually the end of July for the first and most important IPO lockup expiry. > The first key lock-up date for Snap will o

> Lock-up expires 29 August [1]. Its actually the end of July for the first and most important IPO lockup expiry. > The first key lock-up date for Snap will occur roughly 150 days following the IPO. At that point, pre-IPO investors, such as company insiders, will be allowed to sell their shares. The second major lock-up date applies to 25% of the shares that were offered in the IPO itself. Of the 200 million total IPO shares, 50 million of the shares will be restricted for one year.