XPeng stock lock-up period expires, will be free to float Tuesday

February 23, 2021 ideaTechX

The 180-day lock-up period on shares of Chinese electric car maker XPeng Motors expired February 22 EST, and they will be free to float from February 23.


That means XPeng insiders will be able to trade their holdings freely. The size of the lockup is currently unknown.


Edison Yu, an analyst at Deutsche Bank, alerted this to investors on Twitter, saying “it’s been a tough few weeks for bulls……4Q ER (earnings report) can potentially change narrative.”



XPeng went public in the US on August 27, 2020, issuing 99.73 million ADSs, providing for a 180-day lock-up period, according to the company’s F-1 filing in August 2020.


XPeng stock lock-up period expires, will be free to float Tuesday-CnEVPost


XPeng stock lock-up period expires, will be free to float Tuesday-CnEVPost


The new energy vehicle sector has weakened over the past week, with XPeng falling more than 19 percent since February 15.


XPeng stock lock-up period expires, will be free to float Tuesday-CnEVPost


XPeng stock lock-up period expires, will be free to float Tuesday-CnEVPost


XPeng will report its fourth quarter and fiscal year 2020 unaudited financial results on March 8 before the open of the US stock markets.


XPeng’s management will host an earnings conference call at 8:00 AM US Eastern Time on March 8, 2021 (9:00 PM Beijing/Hong Kong time on March 8, 2021).


Data compiled by CnEVPost showed XPeng delivered 12,964 vehicles in the fourth quarter and 27,041 in 2020.



XPeng to report Q4 and full-year 2020 financial results on March 8