The next trade — after inclusion
Supply releases on a schedule. Trade the schedule.
Modern mega-IPO lockups don't expire in one cliff — they release in tiered tranches tied to earnings, time elapsed, and stock performance. The schedule is public. The supply pressure is predictable. The tradable events are the gates between tranches.
Pending — pre-IPO
Lockup terms publish in the S-1.
Databricks has not yet filed an S-1 disclosing lockup terms. We'll update this page within 24 hours of the filing.
Typical structure for a mega-IPO of this size: 180-day full lockup on pre-IPO holders, with possible early-release tranches at 90 days if the stock trades above a performance threshold. Founder shares sometimes have extended 12-month locks.