Gate said it will support the first share unlock for SpaceX (SPCX), the debut project on its Pre-IPOs platform, at 20:00 UTC+8 on Aug. 26 in line with SpaceX’s stock unlock schedule. The first batch totals 33,900 SPCX. According to the announcement, users will receive a 20% stock unlock based on their actual holdings captured in a spot account snapshot, with the corresponding shares distributed directly to their Gate stock accounts at a 1:1 ratio. The unlock covers SPCX obtained and still held through prior Pre-IPOs subscriptions, as well as SPCX bought later on the market. SPCX that has already been sold will not be included in this round. Gate also asked users to review their SPCX holdings and open orders in advance to make sure the tokens intended for this unlock remain available. The exchange said this is the first 20% stock unlock for SpaceX, and the remaining portion will be handled under the target company’s unlock rules, subject to official Gate announcements.
Gate said it will support the first share unlock for SpaceX (SPCX), the first project listed on Gate Pre-IPOs, at 20:00 UTC+8 on Aug. 26, following SpaceX’s stock unlock schedule.
The first unlock will cover a total of 33,900 SPCX. Under the plan, users will receive a 20% stock unlock based on their actual holdings recorded in a snapshot of their spot accounts, and the corresponding shares will be distributed directly to Gate stock accounts at a 1:1 ratio.
Gate said it is the first platform in the industry to support Pre-IPO share unlocks and to distribute listed company shares directly to users.
This round covers SPCX previously obtained and still held through Pre-IPOs subscriptions, as well as SPCX purchased later. SPCX that has already been sold will not be counted for this unlock.
The platform asked users to check their SPCX holdings and open orders in advance to make sure the SPCX intended for the unlock remains in an available state.
Gate said it will continue to offer access covering pre-listing subscriptions through Pre-IPOs, internal market trading, and stock unlocks into the U.S. stock market. This round marks the first 20% stock unlock for SpaceX (SPCX). The remaining portion will be processed in line with the target company’s unlock rules, with final details subject to Gate’s official announcements.
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