MetaX Integrated Circuits (Shanghai) Co Ltd688802
▼ NegativeCapitalrelevance
Lock-up expiry adds 13.966M shares to float, pressuring stock price.

MetaX announced that 13.966 million restricted shares from its initial public offering online placement will become tradable starting September 17, accounting for 3.4906% of the company's total share capital. The lock-up period is nine months from the listing date. As of the close on September 9, MetaX fell 4.31% to 532 yuan per share, with a total market value of 212.9 billion yuan.
MetaX Integrated Circuits (Shanghai) Co LtdLock-up expiry adds 13.966M shares to float, pressuring stock price.