Dec. 26 at 3:20 PM
$BLNE Mark your calendars for January 16th after this lockout expires Bees
A lockout (often called a "quiet period" or "lock-up") acts as a temporary legal and contractual "gag order" after a company raises money. For Beeline Holdings Inc. (BLNE), their 60-day lockout following the mid-November
$7.4M raise prevents them from releasing "good news"
The lockout terms usually prohibit the company from doing anything that causes extreme volatility.
The Conflict: Releasing major positive news often causes a "spike and dip" pattern.
The Goal: Underwriters and large funds prefer a stable, predictable price floor during the first 60 days of a new investment. By staying quiet, the company ensures that the stock price is driven by the broader market rather than corporate PR.