A period after listing during which insiders and early shareholders are contractually barred from selling.
锁定期
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| — | The market did not cut Anthropic's valuation. It asked for a price. 锁定期 · 第 9 张术语卡 | The first price is set on a thin slice; the lock-up decides when the rest of the supply arrives. 锁定期是 IPO 的「延迟供给」:定价时只有一小部分股票在交易,价格容易被少量资金推高;到期后大批股份解禁,供给突然增加,价格才第一次接受真正的检验。看新股,锁定期的到期日比上市首日更值得记在日历上。 |