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      Gate Pre-IPOs SpaceX (SPCX) to unlock third tranche of 14% on October 3

      PANews reported on October 3 that, according to the SpaceX share unlock schedule, Gate Pre-IPOs' first project SpaceX (SPCX) will carry out its third tranche of (share) unlock at 20:00 (UTC+8) on October 3. This unlock corresponds to 14% of the target company's original total quota, with a total unlock amount of 23,730 SPCX. Since 27% of the shares have already been unlocked, the remaining SPCX currently corresponds to 73% of the original total quota. Therefore, this unlock will be carried out at 19.18% of the user's actual SPCX holdings at the time of the snapshot, and the corresponding shares will be directly issued to the user's Gate stock account at a 1:1 ratio.

      The scope of this unlock includes SPCX that users previously obtained and hold through Pre-IPOs subscriptions, as well as SPCX subsequently purchased; SPCX that has already been sold is not counted in this round of unlock. Users need to check their SPCX holdings and pending orders in advance to ensure that the SPCX used for this unlock is in an available state.

      Gate is the industry's first platform to support Pre-IPO share unlocks and directly issue listed company shares to users. This is the third tranche of 14% share unlock for SpaceX (SPCX), and the remaining portion will be processed as soon as possible according to the target company's unlock rules, subject to Gate's official announcement.


      Source: PANews
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