When the insiders can sell — from the filing, in their words

Every free lock-up calendar tells you the same thing: 180 days after the IPO, insiders can sell. Real lock-up clauses are not that. Some release in tranches starting on the first trading day. Some move earlier if the stock clears a price test. Some carve out charitable gifts, 10b5-1 plans and the directed-share buyers, and hold officers to different terms than everyone else. This page reads the clause out of the prospectus, prints it, and does the share math against our own volume history.

Prospectuses read

103

Lock-ups parsed

Complete enough to publish

Dated calls open

Graded so far

Built 2026-11-07 from EDGAR full-text search over 424B4 filings between 2025-11-21 and 2026-09-24. Volume is our own daily bars where we have them, a vendor's where we do not — each row says which.

The record, against the naive baseline

Graded legs

Our hit rate

67%

Naive baseline

100%

Mean excess vs SPY

+15.9%

On the record so far, this radar is not beating the assumption that every unlock gets absorbed. Read it as a description of the clause, not as a signal.

Deal	Expiry	Call	Horizon	Stock	SPY	Excess	Result
ALMR	2026-10-14	Pressure	+5d	+24.0%	+0.5%	+23.5%	miss
ARXS	2026-10-13	Absorbed	+5d	+4.5%	-1.2%	+5.6%	hit
ELMT	2026-10-20	Absorbed	+5d	+18.6%	+0.1%	+18.5%	hit

Open calls (4) — issued 2026-11-07, 2026-11-22 to 2026-12-22

A call is only issued when the expiry falls 15 to 45 days out, the prospectus states or implies a share count, and we have at least 20 sessions of volume. "Absorb days" is the shares coming free divided by average daily volume — how many full sessions of the stock's entire turnover the release amounts to. The call is made against this run's cohort, not against a fixed threshold: the heaviest third gets pressure, the lightest third gets absorbed, and the middle third gets nothing. Cohort of 47: lightest third at or below 54.1 sessions, heaviest third at or above 109 sessions.

Liftoff Mobile, Inc. (LFTO)

Absorbedexpires 2026-12-01 · 24 days out · Single cliff

Shares coming free

5.0M

Avg daily volume

679K

Absorb days

7.4 sessions

Cohort percentile

0th

Vs offer price

-21.2%

Share count: derived: shares outstanding after the offering, less the shares sold in it. Volume: yahoo-finance2 daily bars (symbol not in our price table), through 2026-11-06. Prospectus filed 2026-06-04

The lock-up clause

…owners and holders of approximately 96% of our outstanding capital stock immediately prior to this offering, including our Principal Stockholders, will sign lock-up agreements with the underwriters that will, subject to certain customary exceptions, restrict the sale of the shares of our common stock held by them for 180 days following the date of this prospectus. Any two representatives, on behalf of the underwriters, may, in their sole discretion, release all or any portion of the shares of common stock subject to lock-up agreements. See Underwriting (Conflicts of Interest) for a description of these lock-up agreements. See Shares Eligible for Future Sale Lock-Up Agreements. Upon the expiration of the lock-up agreements described above, all of such shares will be eligible for resale in the public market, subject, in the case of shares held by our affiliates, to volume, manner of sale a……

The share math, as filed

The number of shares of our common stock that will be outstanding after this offering is based on (1) the reclassification of all 111,822,020 outstanding shares of our Class A common stock and all 11,647,208 outstanding shares of our Class B common stock (in each case, after giving effect to the 1.3-for-1 forward split) into an equal number of shares of common stock (the Reclassification ) and (2) the conversion of all of our outstanding shares of Series A Redeemable Convertible Preferred Stock into 24,011,299 shares of common stock (after giving effect to the 1.3-for-1 forward split) (the Conversion ). The Reclassification and the Conversion will occur after the effectiveness of the registration statement of which this prospectus forms a part and prior to the closing of this offering.

Carve-outs found in the clause: 10b5-1 plan, bona fide gift or charitable transfer, estate planning or family transfer, option exercise or RSU settlement, underwriter discretionary release. These are shares that can move before the date above.

SPACE EXPLORATION TECHNOLOGIES CORP (SPCX)

Pressureexpires 2026-12-09 · 32 days out · Single cliff

Shares coming free

11.96B

Avg daily volume

109.5M

Absorb days

109 sessions

Cohort percentile

66th

Vs offer price

-0.5%

The lock-up clause

…into, exchangeable for or that represent the right to receive our common stock, are subject to a variety of other terms governing restrictions on the sale, short sale, transfer, hedging, pledging, or other disposition of their interests in our equity, pursuant to a number of different agreements and arrangements, for 180 days from the date of this prospectus (subject to timed automatic releases). See the section titled "Underwriting—Lock-up Agreements" for more information about these Transfer restrictions and related releases and exceptions. Goldman Sachs & Co. LLC may release any of the securities described above at any time, subject to applicable requirements. Registration Rights After the completion of this offering, holders of an aggregate of approximately 12.2 billion shares of our Class A common stock (including Class A common stock issuable upon conversion of Class B common stock……

The share math, as filed

…sdaq Texas under the symbol "SPCX." The number of shares of our Class A and Class B common stock that will be outstanding after this offering is based on 6,824,641,355 shares of Class A common stock and 5,695,668,265 shares of Class B common stock outstanding as of March 31, 2026, after giving effect to (i) the Class C Reclassification (as defined below) and (ii) the Preferred Conversion (as defined below). The amount of Class B common stock that will be outstanding after this offering includes 1,302,072,285 restricted shares of Class B common stock issued to and held of record by Mr. Musk, which may be voted by Mr. Musk, and the vesting of which is subject to the satisfaction of certain performance and other conditions. 1,000,000…

Carve-outs found in the clause: 10b5-1 plan, bona fide gift or charitable transfer, estate planning or family transfer, pledge as collateral, directed share program participants, option exercise or RSU settlement. These are shares that can move before the date above.

Kardigan, Inc. (KARD)

Pressureexpires 2026-12-15 · 38 days out · Single cliff

Shares coming free

64.3M

Avg daily volume

520K

Absorb days

124 sessions

Cohort percentile

72th

Vs offer price

-3.0%

The lock-up clause

…ments entered into by our directors, officers and substantially all of our stockholders with the underwriters in connection with this offering under which they have agreed or will agree, subject to specific exceptions described in the section of this prospectus titled " Underwriting ," not to sell any of our stock for 180 days following the date of this prospectus. We refer to such period as the lock-up period. We and certain of the underwriters may release certain stockholders from the market standoff agreements or lock-up agreements prior to the end of the lock-up period. Subject to applicable securities law restrictions, these shares will be able to be sold in the public market beginning on the 181st day after the date of this prospectus. Shares issued upon the exercise of stock options outstanding under our equity incentive plans or pursuant to future awards grant…

The share math, as filed

Common stock to be outstanding immediately after this offering 89,339,121 shares (or 93,089,121 shares if the underwriters exercise their option to purchase additional shares of common stock in full). We will have two series of common stock authorized immediately following this offering: voting common stock and non-voting common stock. We are offering voting common stock in this offering and unless otherwise noted, all references in this prospectus to our "common stock" refer to our voting common stock. The non-voting common stock will not be listed for trading on any securities exchange.

Carve-outs found in the clause: 10b5-1 plan, bona fide gift or charitable transfer, estate planning or family transfer, directed share program participants, option exercise or RSU settlement, underwriter discretionary release. These are shares that can move before the date above.

First Carolina Financial Services, Inc. (FCBM)

Pressureexpires 2026-12-15 · 38 days out · Single cliff

Shares coming free

20.4M

Avg daily volume

168K

Absorb days

121 sessions

Cohort percentile

70th

Vs offer price

+6.8%

The lock-up clause

…e 1, 2026, after giving effect to the 2-for-1 forward stock split of our common stock (representing approximately 27% of our outstanding common stock as of such date), have entered into lock-up agreements under which we and they will generally agree not to sell or otherwise transfer our or their shares for a period of 180 days after the date of this prospectus. These lock-up agreements are subject to certain exceptions. For additional information, see the section entitled "Underwriting—Lock-Up Agreements." As a result of these contractual restrictions, shares of our common stock subject to lock-up agreements will not be eligible for sale until these agreements expire or the restrictions are waived by the underwriters. Following the lock-up period, all of the shares of our common stock that are restricted securities or are held by our affiliates as of the date of this prospectus will be e……

The share math, as filed

…d, references in this prospectus to the number of shares of our common stock outstanding after this offering are based on 24,614,852 shares of our common stock issued and outstanding as of March 31, 2026 (after giving effect to the 2-for-1 forward split of our common stock). Except as otherwise indicated, the information in this prospectus: reflects a 2-for-1 forward split of our common stock that occurred after the effectiveness of the registration statement of which this prospectus forms a part and prior to the completion of this offering; reflects (i) 133,000 shares of restricted stock (after giving effect to the 2-for-1 forward split of our common stock) granted subsequent to March 31, 2026, to certain employees under the 2025…

Carve-outs found in the clause: bona fide gift or charitable transfer, estate planning or family transfer, directed share program participants, option exercise or RSU settlement. These are shares that can move before the date above.

Parsed, published, deliberately no call (43)

These lock-ups were read successfully and the numbers are here, but the deal sits in the middle third of the cohort or outside the 15–45 day call window. Publishing a call on them would be padding the scoreboard with coin flips.

Deal	Expiry	Structure	Shares free	Absorb days	Percentile	Filing
WLTH WEALTHFRONT CORP	2026-06-10	Earlier of two dates · 180d	124.8M	54.1 sessions	32th	424B4
ANDG Andersen Group Inc.	2026-06-15	Single cliff · 180d	98.3M	251 sessions	96th	424B4
AKTS Aktis Oncology, Inc.	2026-07-08	Single cliff · 180d	34.9M	93.1 sessions	51th	424B4
BTGO BITGO HOLDINGS, INC.	2026-07-22	Single cliff · 180d	220.2M	226 sessions	94th	424B4
EQPT EquipmentShare.com Inc	2026-07-25	Single cliff · 180d	472.1M	146 sessions	83th	424B4
LIFE Ethos Technologies Inc.	2026-07-29	Single cliff · 180d	57.4M	33.9 sessions	19th	424B4
YSS Yellowstone Midco Holdings II, LLC	2026-07-29	Single cliff · 180d	108.4M	60.2 sessions	38th	424B4
MANE Veradermics, Inc	2026-08-03	Single cliff · 180d	20.0M	29.9 sessions	15th	424B4
EIKN Eikon Therapeutics, Inc.	2026-08-04	Single cliff · 180d	32.9M	62.2 sessions	40th	424B4
BOBS Bob's Discount Furniture, Inc.	2026-08-04	Single cliff · 180d	110.9M	115 sessions	68th	424B4
SGP SpyGlass Pharma, Inc.	2026-08-05	Single cliff · 180d	22.5M	216 sessions	91th	424B4
FPS Forgent Power Solutions, Inc.	2026-08-05	Single cliff · 180d	287.8M	25.4 sessions	13th	424B4
OFRM Once Upon a Farm, PBC	2026-08-08	Single cliff · 180d	32.6M	35.3 sessions	23th	424B4
MWH SOLV Energy, Inc.	2026-08-10	Single cliff · 180d	178.9M	102 sessions	57th	424B4
GENB Generate Biomedicines, Inc.	2026-08-26	Single cliff · 180d	102.5M	102 sessions	60th	424B4
MMED MiniMed Group, Inc.	2026-09-02	Single cliff · 180d	252.8M	15.7 sessions	2th	424B4
SWMR Swarmer, Inc	2026-09-13	Single cliff · 180d	9.3M	16.8 sessions	4th	424B4
ARXS Arxis, Inc.	2026-10-13	Single cliff · 180d	23.2M	24.0 sessions	11th	424B4
ALMR Alamar Biosciences, Inc.	2026-10-14	Single cliff · 180d	55.3M	68.6 sessions	43th	424B4
KLRA Kailera Therapeutics, Inc.	2026-10-14	Single cliff · 180d	84.6M	83.0 sessions	49th	424B4
AVEX AEVEX Corp.	2026-10-17	Single cliff · 180d	95.6M	34.5 sessions	21th	424B4
ELMT Elmet Group Co.	2026-10-20	Single cliff · 180d	20.3M	43.0 sessions	26th	424B4
XE X-Energy, Inc.	2026-10-24	Earlier of two dates · 180d	348.1M	54.2 sessions	34th	424B4
AVLN Avalyn Pharma Inc.	2026-10-27	Single cliff · 180d	25.1M	60.1 sessions	36th	424B4
SPTX Seaport Therapeutics, Inc.	2026-10-28	Single cliff · 180d	38.9M	160 sessions	85th	424B4
HAWK HawkEye 360, Inc.	2026-11-03	Earlier of two dates · 180d	77.1M	44.3 sessions	28th	424B4
ODTX Odyssey Therapeutics, Inc.	2026-11-04	Single cliff · 180d	27.1M	94.8 sessions	53th	424B4
SUJA SUJA LIFE, INC.	2026-11-04	Single cliff · 180d	29.7M	179 sessions	87th	424B4
FRVO Fervo Energy Co	2026-11-10	Single cliff · 180d	205.0M	22.3 sessions	9th	424B4
GMRS GMR Solutions Inc.	2026-11-10	Single cliff · 180d	22.1M	32.8 sessions	17th	424B4
CBRS Cerebras Systems Inc.	2026-11-10	Staged tranches · 180d	212.9M	18.7 sessions	6th	424B4
QNT Quantinuum Inc.	2026-12-02	Single cliff · 180d	233.0M	95.0 sessions	55th	424B4
ITG ITG, Inc./DE/	2026-12-29	Single cliff · 180d	101.7M	129 sessions	77th	424B4
CSQR Csquare, Inc.	2027-01-12	Single cliff · 180d	105.0M	50.6 sessions	30th	424B4
STDN Standard Nuclear, Inc.	2027-01-12	Single cliff · 180d	150.7M	631 sessions	98th	424B4
REF Reformation Inc.	2027-01-26	Single cliff · 180d	49.6M	108 sessions	64th	424B4
ATTO Attovia Therapeutics, Inc.	2027-02-01	Single cliff · 180d	26.0M	76.2 sessions	45th	424B4
BRVE Braveheart Bio, Inc.	2027-02-02	Single cliff · 180d	51.9M	139 sessions	81th	424B4
LTGO Latigo Biotherapeutics, Inc.	2027-02-03	Single cliff · 180d	44.0M	193 sessions	89th	424B4
BLSM BlossomHill Therapeutics, Inc.	2027-02-03	Single cliff · 180d	21.3M	137 sessions	79th	424B4
VOGX Vogenx, Inc.	2027-02-08	Single cliff · 180d	7.7M	81.5 sessions	47th	424B4
ETRA Electra Therapeutics, Inc.	2027-03-17	Single cliff · 180d	39.4M	106 sessions	62th	424B4
WHK WhiteHawk Income Corp	2027-06-09	Single cliff · 365d	19.0M	126 sessions	74th	424B4

Read but not publishable (33)

The clause was found in each of these, but something needed for an honest number was not. The most common case by far is a prospectus that says "substantially all" of the locked shares become eligible without ever printing a count. We do not estimate it, because an estimate dressed as a filing figure is worse than an admission.

GMTL — Guardian Metal Resources PLC · no machine-readable lock-up period in the prospectus
AADX — Applied Aerospace & Defense, Inc. · no machine-readable lock-up period in the prospectus
EXYN — Exyn Technologies, Inc. · no machine-readable lock-up period in the prospectus
IEAG — Infinite Eagle Acquisition Corp. · no machine-readable lock-up period in the prospectus
JMKE — Jersey Mike's Subs Inc. · no machine-readable lock-up period in the prospectus
MDLN — Medline Inc. · no machine-readable lock-up period in the prospectus
PARK — Park Dental Partners, Inc. · expiry 2026-06-01 · the prospectus does not state how many shares come free
LMRI — Lumexa Imaging Holdings, Inc. · expiry 2026-06-10 · the prospectus does not state how many shares come free
ITHA — ITHAX Acquisition Corp III · expiry 2026-06-13 · the prospectus does not state how many shares come free
ARCI — Archimedes Tech SPAC Partners III Co. · expiry 2026-07-25 · the prospectus does not state how many shares come free
AGMB — Agomab Therapeutics NV · expiry 2026-08-05 · the prospectus does not state how many shares come free
APC — ARKO Petroleum Corp. · expiry 2026-08-12 · the prospectus does not state how many shares come free
JAN — Janus Living, Inc. · expiry 2026-09-19 · the prospectus does not state how many shares come free
HMH — HMH Holding Inc · expiry 2026-09-28 · the prospectus does not state how many shares come free
SKHY — SK hynix Inc. · expiry 2026-10-08 · the prospectus does not state how many shares come free
YSWY — Yesway, Inc. · expiry 2026-10-20 · the prospectus does not state how many shares come free
COAG — Hemab Therapeutics Holdings, Inc. · expiry 2026-10-28 · the prospectus does not state how many shares come free
REA — Rare Earths Americas, Inc. · expiry 2026-11-03 · the prospectus does not state how many shares come free
EROK — EagleRock Land, LLC · expiry 2026-11-10 · the prospectus does not state how many shares come free
BXDC — Blackstone Digital Infrastructure Trust Inc. · expiry 2026-11-11 · the prospectus does not state how many shares come free
GUAC — Berto Acquisition Corp. II · expiry 2026-11-14 · the prospectus does not state how many shares come free
LCLN — Lincoln International, Inc. · expiry 2026-11-17 · the prospectus does not state how many shares come free
INIO — INNIO N.V. · expiry 2026-12-01 · the prospectus does not state how many shares come free
SSMR — Sunshine Silver Mining & Refining Co · expiry 2026-12-02 · the prospectus does not state how many shares come free
EROC — ERock, Inc. · expiry 2026-12-07 · the prospectus does not state how many shares come free
PBLS — Parabilis Medicines, Inc. · expiry 2026-12-08 · the prospectus does not state how many shares come free
LIME — Neutron Holdings, Inc. · expiry 2026-12-09 · the prospectus does not state how many shares come free
DPC — DPC Holdings Ltd · expiry 2026-12-23 · the prospectus does not state how many shares come free
SIND — Sinda Ltd. · expiry 2026-12-26 · the prospectus does not state how many shares come free
BSP — Bending Spoons S.p.A. · expiry 2026-12-28 · the prospectus does not state how many shares come free
SCTX — Scribe Therapeutics, Inc. · expiry 2027-01-23 · the prospectus does not state how many shares come free
APMD — Apnimed, Inc. · expiry 2027-01-27 · the prospectus does not state how many shares come free
OIG — Orion180 Insurance Group Inc. · expiry 2027-03-20 · the prospectus does not state how many shares come free

Each of those still has a page, because the clause itself parsed: the quoted text is there and the missing figure is named. "We read it and the number is not in there" is a real answer to the question, and the one a calendar that fills the gap with an assumption cannot give.

Everything that was excluded, and why

2340 424B4 filings matched the IPO-only search phrase, covering 272 issuers. 138 of them never became a deal at all — the 33 issuers whose clause parsed but whose share count never appeared are the 33 listed in the section above, and are not counted twice here. The full tally by reason, because a page that showed you only the 47 that worked would be showing you a selection:

90 — below the daily dollar-volume floor
25 — fewer than 20 sessions of volume history
23 — a follow-on offering, not an IPO

Every withheld issuer by name (138)

Listed so you can check a specific ticker rather than trust a total. These have no page of their own on purpose — there is nothing to put on one but this row.

Ticker	Issuer	Filed	Would have expired	Why it is not here
ACAA	Averin Capital Acquisition Corp.	2026-02-18	—	a follow-on offering, not an IPO
AMAN	Amanat Acquisition Corp.	2026-05-20	—	a follow-on offering, not an IPO
APUR	Aperture AC	2026-05-21	—	a follow-on offering, not an IPO
BRAI	Braiin Ltd	2026-02-02	—	a follow-on offering, not an IPO
BRTM	B&R Technology Merger Corp.	2026-07-21	—	a follow-on offering, not an IPO
FCHL	Fitness Champs Holdings Ltd	2026-04-20	—	a follow-on offering, not an IPO
FIGR	Figure Technology Solutions, Inc.	2026-02-18	—	a follow-on offering, not an IPO
FRBT	Forbright, Inc.	2026-06-11	—	a follow-on offering, not an IPO
GHXI	Gores Holdings XI, Inc.	2026-06-23	—	a follow-on offering, not an IPO
GLED	GalaxyEdge Acquisition Corp	2026-03-06	—	a follow-on offering, not an IPO
IPFX	Inflection Point Acquisition Corp. VI	2026-03-30	—	a follow-on offering, not an IPO
KEYY	Keystone Acquisition Corp.	2026-06-03	—	a follow-on offering, not an IPO
KRAQ	KRAKacquisition Corp	2026-01-29	—	a follow-on offering, not an IPO
LABT	Lakewood-Amedex Biotherapeutics Inc.	2026-04-23	—	a follow-on offering, not an IPO
LYNX	Lyntris Inc.	2026-08-19	—	a follow-on offering, not an IPO
MAIR	Madison Air Solutions Corp	2026-04-17	—	a follow-on offering, not an IPO
MLAA	Mountain Lake Acquisition Corp. II	2026-01-28	—	a follow-on offering, not an IPO
MOBI	Mobia Medical, Inc.	2026-05-08	—	a follow-on offering, not an IPO
NHP	National Healthcare Properties, Inc.	2026-04-22	—	a follow-on offering, not an IPO
OIM	OneIM Acquisition Corp.	2026-01-14	—	a follow-on offering, not an IPO
PS	PERSHING SQUARE INC.	2026-04-30	—	a follow-on offering, not an IPO
TMTS	Spartacus Acquisition Corp. II	2026-02-11	—	a follow-on offering, not an IPO
XIII	Churchill Capital Corp XIII	2026-07-31	—	a follow-on offering, not an IPO
AAC	Ares Acquisition Corp III	2026-06-30	—	trades $923,800 a day, below the $1,000,000 floor
ACGC	ACP Holdings Acquisition Corp.	2026-04-07	—	trades $743,885 a day, below the $1,000,000 floor
ADBT	Advasa Holdings, Inc.	2026-08-12	—	trades $689,572 a day, below the $1,000,000 floor
AESP	Aeon Acquisition I Corp.	2026-06-03	—	trades $307,871 a day, below the $1,000,000 floor
AIAI	AIAI Holdings Corp	2026-05-14	—	trades $415,629 a day, below the $1,000,000 floor
AMSS	AMASS BRANDS	2026-05-18	—	trades $19,877 a day, below the $1,000,000 floor
ARCL	ARC Group Acquisition I Corp.	2026-04-30	—	trades $440,550 a day, below the $1,000,000 floor
ARTC	Art Technology Acquisition Corp.	2026-01-07	—	trades $166,247 a day, below the $1,000,000 floor
BCCQ	Bleichroeder Acquisition Corp. III	2026-07-07	—	trades $642,968 a day, below the $1,000,000 floor
BESS	Bimergen Energy Corp	2026-02-20	—	trades $501,435 a day, below the $1,000,000 floor
BHAV	BHAV Acquisition Corp	2026-03-20	—	trades $385,268 a day, below the $1,000,000 floor
BID	Tribeca Strategic Acquisition Corp.	2026-06-01	—	trades $519,114 a day, below the $1,000,000 floor
BIXI	Bitcoin Infrastructure Acquisition Corp Ltd	2025-12-02	—	trades $449,248 a day, below the $1,000,000 floor
BREZ	Breeze Acquisition Corp. II	2026-05-14	—	trades $249,883 a day, below the $1,000,000 floor
BRKH	BurTech Acquisition Corp II	2026-05-26	—	trades $270,126 a day, below the $1,000,000 floor
BUDA	BUDA JUICE, INC.	2026-01-08	—	trades $35,665 a day, below the $1,000,000 floor
BWIV	Blue Water Acquisition Corp. IV	2026-03-20	—	trades $92,785 a day, below the $1,000,000 floor
CAES	Cantor Equity Partners VII, Inc.	2026-06-17	—	trades $702,540 a day, below the $1,000,000 floor
CAST	FreeCast, Inc.	2026-03-04	—	trades $400,210 a day, below the $1,000,000 floor
CATL	Catalyst Acquisition Corp.	2026-07-28	—	trades $145,138 a day, below the $1,000,000 floor
CCCT	Columbus Circle Capital Corp III	2026-07-09	—	trades $658,807 a day, below the $1,000,000 floor
CEPS	Cantor Equity Partners VI, Inc.	2026-02-05	—	trades $444,186 a day, below the $1,000,000 floor
CGCF	Cartesian Growth Corp IV	2026-06-25	—	trades $374,908 a day, below the $1,000,000 floor
CXII	Churchill Capital Corp XII	2026-04-28	—	trades $621,828 a day, below the $1,000,000 floor
DGAC	DISCIPLINED GROWTH ACQUISITION Corp	2026-05-28	—	trades $329,379 a day, below the $1,000,000 floor
DSAC	Daedalus Special Acquisition Corp.	2025-12-10	—	trades $799,682 a day, below the $1,000,000 floor
DUKR	DUKE Robotics Corp.	2026-05-18	—	trades $36,841 a day, below the $1,000,000 floor
EWAV	East West Ave Acquisition Corp.	2026-08-03	—	trades $593,169 a day, below the $1,000,000 floor
FBDT	First Breach, Inc.	2026-08-20	—	trades $185,575 a day, below the $1,000,000 floor
FDMM	Freedom Metals Acquisition Corp.	2026-07-08	—	trades $626,909 a day, below the $1,000,000 floor
FTRA	FutureCorp Space Acquisition 1	2026-06-05	—	trades $360,847 a day, below the $1,000,000 floor
FVAV	Fortress Value Acquisition Corp. V	2026-02-26	—	trades $866,007 a day, below the $1,000,000 floor
FWAC	Futurewave Acquisition Corp	2026-06-26	—	trades $649,249 a day, below the $1,000,000 floor
FXAC	FortuneX Acquisition Corp	2026-05-22	—	trades $367,372 a day, below the $1,000,000 floor
GCGR	General Catalyst Global Resilience Merger Corp.	2026-04-30	—	trades $988,988 a day, below the $1,000,000 floor
GIX	GigCapital9 Corp.	2026-01-28	—	trades $702,952 a day, below the $1,000,000 floor
GSRV	GSR V Acquisition Corp.	2026-05-14	—	trades $529,865 a day, below the $1,000,000 floor
GYGY	Game Your Game Inc.	2026-07-29	—	trades $497,210 a day, below the $1,000,000 floor
HCAC	Hall Chadwick Acquisition Corp	2025-11-21	—	trades $956,231 a day, below the $1,000,000 floor
HCIC	Hennessy Capital Investment Corp. VIII	2026-02-05	—	trades $292,657 a day, below the $1,000,000 floor
HLXC	Helix Acquisition Corp. III	2026-01-23	—	trades $584,062 a day, below the $1,000,000 floor
IACQ	Irenic Acquisition Corp.	2026-04-28	—	trades $554,330 a day, below the $1,000,000 floor
IMC	IMC Rare Earths Ltd	2026-07-29	—	trades $790,296 a day, below the $1,000,000 floor
IRHO	Iron Horse Acquisition II Corp.	2025-12-18	—	trades $674,992 a day, below the $1,000,000 floor
ISNR	Snow Rothschild Acquisition Corp.	2026-06-09	—	trades $157,927 a day, below the $1,000,000 floor
JAGU	Jaguar Uranium Corp.	2026-02-11	—	trades $67,558 a day, below the $1,000,000 floor
JONE	Jones Ventures INTL Acquisition1 Corp	2026-07-15	—	trades $693,755 a day, below the $1,000,000 floor
KTWO	K2 Capital Acquisition Corp	2026-01-30	—	trades $293,203 a day, below the $1,000,000 floor
MEVO	M Evo Global Acquisition Corp II	2026-02-02	—	trades $999,540 a day, below the $1,000,000 floor
MIAC	Meridian3 Industrials Acquisition Corp	2026-07-02	—	trades $939,036 a day, below the $1,000,000 floor
MTAK	Market Technology Acquisition Corp	2026-07-27	—	trades $383,005 a day, below the $1,000,000 floor
MTAL	Metals Acquisition Corp. II	2026-03-12	—	trades $897,948 a day, below the $1,000,000 floor
MWC	Micware Co., Ltd.	2026-05-15	—	trades $186,777 a day, below the $1,000,000 floor
NBRG	Newbridge Acquisition Ltd	2026-01-30	—	trades $70,542 a day, below the $1,000,000 floor
NCO	Southern Cross Acquisition I Corp.	2026-07-21	—	trades $640,129 a day, below the $1,000,000 floor
NSAI	NorthStrive Acquisition Corp I.	2026-08-19	—	trades $378,850 a day, below the $1,000,000 floor
OCLT	OceanLight Acquisition Corp	2026-08-07	—	trades $309,554 a day, below the $1,000,000 floor
OHAC	Oceanhawk Acquisition Corp.	2026-05-22	—	trades $627,452 a day, below the $1,000,000 floor
OPTH	Optimi Health Corp.	2026-05-20	—	trades $88,148 a day, below the $1,000,000 floor
OSPR	Osprey Acquisition Corp. III	2026-07-02	—	trades $833,486 a day, below the $1,000,000 floor
OTAI	Starlink AI Acquisition Corp	2026-05-08	—	trades $428,089 a day, below the $1,000,000 floor
PAAC	Proem Acquisition Corp. I	2026-02-13	—	trades $652,051 a day, below the $1,000,000 floor
PECE	Peace Acquisition Corp.	2026-05-22	—	trades $480,491 a day, below the $1,000,000 floor
PLCI	Pelican Acquisition II Corp	2026-07-24	—	trades $126,352 a day, below the $1,000,000 floor
PLUN	Plutonian Acquisition Corp. II	2026-04-28	—	trades $152,603 a day, below the $1,000,000 floor
PNAQ	Pinnacle Acquisition Corp	2026-08-07	—	trades $236,131 a day, below the $1,000,000 floor
QLEP	Quantum Leap Acquisition Corp	2026-05-04	—	trades $465,394 a day, below the $1,000,000 floor
QMLS	QumulusAI, Inc.	2026-07-15	—	trades $940,142 a day, below the $1,000,000 floor
RACC	Research Alliance Corp III	2026-05-20	—	trades $262,530 a day, below the $1,000,000 floor
RACD	Research Alliance Corp IV	2026-07-13	—	trades $133,025 a day, below the $1,000,000 floor
RFAM	RF Acquisition Corp III	2026-02-12	—	trades $129,150 a day, below the $1,000,000 floor
ROC	Rank One Computing Corp	2026-02-20	—	trades $70,444 a day, below the $1,000,000 floor
SBMT	SILVER BOW MINING CORP.	2026-04-30	—	trades $792,393 a day, below the $1,000,000 floor
SBXE	SilverBox Corp V	2025-12-03	—	trades $502,913 a day, below the $1,000,000 floor
SSAC	SPACSphere Acquisition Corp.	2026-02-06	—	trades $239,332 a day, below the $1,000,000 floor
SVIV	Spring Valley Acquisition Corp. IV	2026-02-10	—	trades $815,599 a day, below the $1,000,000 floor
TBCV	Thunder Bridge Capital Partners V, Ltd.	2026-08-13	—	trades $80,988 a day, below the $1,000,000 floor
TLAC	Three Lions Acquisition Corp.	2026-09-01	—	trades $88,290 a day, below the $1,000,000 floor
TMCR	Metals Royalty Co Inc.	2026-04-08	—	trades $198,900 a day, below the $1,000,000 floor
TP	Ticketplus Ltd.	2026-08-07	—	trades $203,733 a day, below the $1,000,000 floor
TVIV	Texas Ventures Acquisition IV Corp	2026-06-18	—	trades $522,777 a day, below the $1,000,000 floor
VIDA	VIDA Global Inc.	2026-05-18	—	trades $34,238 a day, below the $1,000,000 floor
VTIX	Virtuix Holdings Inc.	2026-01-26	—	trades $139,845 a day, below the $1,000,000 floor
WENC	West Enclave Merger Corp.	2026-04-30	—	trades $313,776 a day, below the $1,000,000 floor
WLCO	Wilco 63 Corp	2026-06-22	—	trades $515,731 a day, below the $1,000,000 floor
WLII	Willow Lane Acquisition Corp. II	2026-02-13	—	trades $883,006 a day, below the $1,000,000 floor
XCBE	X3 Acquisition Corp. Ltd.	2026-01-21	—	trades $377,954 a day, below the $1,000,000 floor
XFLH	XFLH Capital Corp	2026-02-12	—	trades $80,946 a day, below the $1,000,000 floor
XSLL	Xsolla SPAC 1	2026-01-29	—	trades $875,100 a day, below the $1,000,000 floor
XTER	Karman Line Acquisition Corp.	2026-08-18	—	trades $913,696 a day, below the $1,000,000 floor
AACO	Abony Acquisition Corp. I	2026-02-19	—	fewer than 20 sessions of volume history
APMC	AmperCap Acquisition Co	2026-06-03	—	fewer than 20 sessions of volume history
BEBE	TGE Value Creative Solutions Corp	2025-12-19	—	fewer than 20 sessions of volume history
CCXI	Churchill Capital Corp XI	2025-12-17	—	fewer than 20 sessions of volume history
CMII	Columbus Circle Capital Corp II	2026-02-11	—	fewer than 20 sessions of volume history
CTAA	Clearthink 1 Acquisition Corp.	2026-02-25	—	fewer than 20 sessions of volume history
FMAC	Future Money Acquisition Corp	2026-03-27	—	fewer than 20 sessions of volume history
GRVT	GreenVector Holdings Ltd	2026-07-01	—	fewer than 20 sessions of volume history
IDAC	Iron Dome Acquisition I Corp.	2026-05-15	—	fewer than 20 sessions of volume history
IPV	InterPrivate Investment Partners V, Inc.	2026-06-04	—	fewer than 20 sessions of volume history
JAB	JAB Acquisition Corp I	2026-06-10	—	fewer than 20 sessions of volume history
LEDR	Leader's Advantage Acquisition Corp.	2026-09-21	—	fewer than 20 sessions of volume history
MYX	Maywood Acquisition Corp. 2	2026-04-14	—	fewer than 20 sessions of volume history
PALO	PALOMA ACQUISITION CORP I	2026-02-19	—	fewer than 20 sessions of volume history
PCSC	Perceptive Capital Solutions Corp	2026-06-17	—	fewer than 20 sessions of volume history
PONO	Pono Capital Four, Inc.	2026-03-13	—	fewer than 20 sessions of volume history
PTAC	Patriot Acquisition Corp./CI	2026-05-18	—	fewer than 20 sessions of volume history
QADR	QDRO Acquisition Corp.	2026-03-27	—	fewer than 20 sessions of volume history
RREV	RRE Ventures Acquisition Corp.	2026-05-01	—	fewer than 20 sessions of volume history
SCAT	Southern Cross Acquisition II Corp.	2026-08-26	—	fewer than 20 sessions of volume history
SCPQ	Social Commerce Partners Corp	2025-12-22	—	fewer than 20 sessions of volume history
SUMA	SUMA Acquisition Corp	2026-03-11	—	fewer than 20 sessions of volume history
TRGS	TRG Latin America Acquisitions Corp.	2026-02-26	—	fewer than 20 sessions of volume history
UAC	United Acquisition Corp. I	2026-01-29	—	fewer than 20 sessions of volume history
VHCP	Vine Hill Capital Investment Corp. II	2025-12-19	—	fewer than 20 sessions of volume history

Liquidity floor: a stock must trade at least $1M a day across 20 sessions. Below that, "absorb days" stops describing a release and starts describing illiquidity.

How to read this, and how it can be wrong

The date shown is the calendar date. It is the only one computable without knowing a future earnings date, so everything that could pull it earlier — a price test, an earnings-linked release, a blackout window — is published beside it rather than folded into it. On a deal with an earnings trigger, the real first release may be weeks sooner than the headline date.

Absorb days is a ratio, not a forecast. It says how much stock is arriving relative to how much trades. It does not know who wants to sell. A founder with no intention of selling is counted identically to a fund that has been waiting six months.

The parser can misread a filing. That is why the quote is printed: if the words beside a number do not support it, the number is wrong and the filing link is right there. Earlier versions of this parser read the underwriters' 30-day over-allotment window as a 30-day lock-up on five deals, and counted one issuer's share total twice because the offering summary appears on both the cover and in the summary.

Related: what funds carry private companies at and how wrong those marks turned out to be. For the companies that have not listed yet, the exposure map sizes the public routes into them. The flow arithmetic on this page — shares unlocking divided by average daily volume, and why the clause has to be read rather than assumed — is taught step by step in Lesson 6 of the free Pre-IPO & IPO course.