Gate Sets Third SpaceX SPCX Unlock for Oct. 3 at 8 a.m. ET
The 23,730-unit release equals 14% of the target company’s original total amount. Eligible holders will receive shares at a 1:1 ratio.
Gate plans to release 23,730 SpaceX (SPCX) units on Oct. 3, with eligible holders receiving corresponding shares through the exchange’s stock account system.
The third unlock is scheduled for 8 a.m. ET (12:00 UTC) and represents 14% of the target company’s original total amount. Before this release, 27% had been unlocked and 73% remained.
For each eligible user, the amount converted will equal 19.18% of the SPCX balance held at the account snapshot. Gate will credit the corresponding shares at a 1:1 ratio.
SPCX obtained through the Pre-IPOs subscription or later purchases is included if held at the snapshot. Units already sold are excluded. Users should check their holdings and order status to confirm their SPCX is available for the unlock.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.