When LIME insiders can sell

Neutron Holdings, Inc. · IPO prospectus filed 2026-07-02 · Single cliff · 160-day lock-up

Scheduled lock-up expiry
2026-12-09

That is the calendar date the clause computes to, counted from the prospectus date. It is the only date computable without knowing a future earnings date, which is why everything that could pull it earlier is printed below it on this page rather than folded into it.

The lock-up clause, in the issuer's words

Every other free lock-up calendar tells you 180 days and moves on. This is the actual sentence the date above was computed from, so that if the words do not support the number, the number is wrong and the filing is one click away.

Morgan Securities LLC, on behalf of the underwriters, we and they will not, in accordance with the terms of such agreements, during the period ending on 160 days after the date of this prospectus (such period, the "Lock-Up Period") (i) offer, sell, contract to sell, pledge, grant any option, right or warrant to purchase, purchase any option or contract to sell, lend or otherwise transfer or dispose of any shares of common stock, or any options or warrants to purchase any shares of common stock, or any securities convertible into, exchangeable for or that represent the right to receive shares of common stock (such shares of common stock, options, rights, warrants or other securities, collectively, "Lock-U…

Where the share count comes from

The prospectus never prints the number of shares coming free, and nothing in it lets the figure be derived. That is why this deal carries no flow math.

Shares outstanding after the offering64,025,936

Exceptions written into the lock-up (6)

Each of these is a route by which LIME shares can move before 2026-12-09. The 10b5-1 carve-out is the one worth reading twice: it lets insiders put a selling plan in place during the lock-up, so the first sales can be automatic and immediate rather than discretionary and later.

  • 10b5-1 plan
  • bona fide gift or charitable transfer
  • estate planning or family transfer
  • pledge as collateral
  • option exercise or RSU settlement
  • underwriter discretionary release
10b5-1 plan
…in "sell to cover" or similar open market transactions (including, without limitation, "sell to cover" transactions effected through any written plan meeting the requirements of Rule 10b5-1 under the Exchange Act relating to the transfer, sale or other disposition of the lock-up party's Lock-Up Securities) during the Lock-Up Period to satisfy tax withholding obligations as a result of the exercise, vesting and or settlement of equity awards (including options and RSUs) that are scheduled to expire or, in the case of RSUs, that automatically vest during the Lock-Up Period (other than RSUs that ves…
bona fide gift or charitable transfer
…as one or more bona fide gifts or charitable contributions, or for bona fide estate planning purposes, ii. upon death by will, testamentary document or intestate succession, iii. to any member of the lock-up party's immediate family or to any trust for the direct or indirect benefit of the lock-up party or the immediate family of the lock-up party or, if the lock-up party is a trust, to a trustor, trustee or beneficiary of the trust or the estate of a beneficiary of such trust, iv.
estate planning or family transfer
…t to incentive stock options, during the lifetime of the applicable grantee, to the extent and in the manner authorized by the administrator, by gift or pursuant to a domestic relations order to members of the grantee's immediate family. Stock Options . Stock options may be granted to any eligible person, provided that incentive stock options may only be granted to our employees or employees of our parents, subsidiaries or 180 Table of Contents Related Entities (as such term is defined in the 2017 Plan), subject to the 2017 Plan and such restrictions as may be determined by the plan administrator and set forth in an applicable award agreement.
pledge as collateral
…roximately $261.3 million which consisted primarily of bank deposits, institutional money market funds and certificates of deposits and short-term and long-term restricted cash of $82.6 million which consists of amounts pledged as security for letters of credits or other collateral amounts as well as amounts that are unavailable for immediate use due to legal and or contractual restrictions. The fair value of our cash and cash equivalents would not be significantly affected by either an increase or decrease in interest rates given the short-term nature of these instruments. As of March 31, 2026, we had $115.0 million of outstanding debt under our Senior Secured Term Loan that is due in September 2026.
option exercise or RSU settlement
…fter this offering is based on 57,346,145 shares of our common stock outstanding as of March 31, 2026 and reflects the Transactions (as defined below), and excludes 6,436,019 shares of our common stock issuable upon the exercise of outstanding stock options as of March 31, 2026, with a weighted-average exercise price of $9.29 per share 2,718,150 shares of our common stock subject to outstanding restricted stock units ("RSUs"), for which the service-based vesting condition was not satisfied as of March 31, 2026 and for which the liquidity-based vesting condition will be satisfied in connection with this offering 11,674 shares of our…
underwriter discretionary release
Morgan Securities LLC, on behalf of the underwriters, provided that we may release shares from such restrictions to the extent such shares would be entitled to release under the form of lock-up agreement with the underwriters signed by our directors, executive officers, the selling stockholders, and certain other record holders of our securities as described herein. See "Underwriting" for information about exceptions to the lock-up agreements and market standoff agreements described above and a further description of these agreements.

What we could not establish

LIME is read but not publishable: the prospectus does not state how many shares come free. So there is no absorb-day figure on this page and no call, and there will not be one until the number exists in a filing.

The common case is a prospectus that says "substantially all" of the locked shares become eligible for sale without ever printing a count. The clause above is quoted in full so you can see that for yourself. An estimate presented with a filing link beside it would read as a filing figure, and that is worse than an admission — it is the one failure mode a reader cannot detect.

How this reading of LIME could be wrong

The volume is a vendor's, not ours. LIME is not in our own price table, so average daily volume comes from yahoo-finance2 daily bars (symbol not in our price table). Vendor bars for recently listed symbols are the ones most likely to be wrong.

Only 20 sessions of volume history. This is a recent IPO, and early volume is dominated by the offering itself. An average over 20 sessions of a stock that has barely traded is the weakest input on the page, and absorb days inherits every bit of that weakness.

The parser can misread a filing. That is why every number here is printed next to the words it came from. Earlier versions of this parser read the underwriters' 30-day over-allotment window as a 30-day lock-up on five deals, and double-counted one issuer's share total because the offering summary appears on both the cover and in the summary section.

Also unlocking in 2026-12 (13)

Lock-ups cluster, because IPOs cluster: these priced in the same window as LIME and come free in the same month. Several heavy releases landing together is a different situation from one.

DealExpiryShares freeAbsorb days
LFTO
Liftoff Mobile, Inc.
2026-12-015.0M7.4 sessions
INIO
INNIO N.V.
2026-12-01——
SSMR
Sunshine Silver Mining & Refining Co
2026-12-02——
QNT
Quantinuum Inc.
2026-12-02233.0M95.0 sessions
EROC
ERock, Inc.
2026-12-07——
PBLS
Parabilis Medicines, Inc.
2026-12-08——
SPCX
SPACE EXPLORATION TECHNOLOGIES CORP
2026-12-0911.96B109 sessions
KARD
Kardigan, Inc.
2026-12-1564.3M124 sessions
FCBM
First Carolina Financial Services, Inc.
2026-12-1520.4M121 sessions
DPC
DPC Holdings Ltd
2026-12-23——
SIND
Sinda Ltd.
2026-12-26——
BSP
Bending Spoons S.p.A.
2026-12-28——
ITG
ITG, Inc./DE/
2026-12-29101.7M129 sessions

Learn to read these clauses yourself

The flow arithmetic on this page — shares unlocking divided by average daily volume, and why the clause has to be read rather than assumed — taught step by step, free.

Lesson 6 →

Radar built 2026-11-07 from EDGAR full-text search over 424B4 filings · all 80 parsed lock-ups and the scoreboard · LIME's prospectus on EDGAR · what funds carried these companies at before listing