Tiger Brokers

XtalPi Co-Founders Extend Lock-Up on 555.17 Million Shares to June 2027

Bulletin Express
May 25

XtalPi Holdings Limited announced that its three co-founders and executive directors—Dr. Wen Shuhao, Dr. Ma Jian and Dr. Lai Lipeng—have voluntarily prolonged their share lock-up commitments by an additional 12 months. The new expiry date is set for 12 June 2027, extending from the previously announced 12 June 2026.

The lock-up covers 555.17 million shares, representing about 12.9% of XtalPi’s issued share capital. The stake includes shares held through entities controlled by each founder as well as shares linked to outstanding options that will transfer from QuantumPharm Roc Holdings Limited upon exercise.

Management stated that the move demonstrates the founders’ confidence in the company’s long-term value.

The board advises shareholders and potential investors to exercise caution when trading the company’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10