SIBN - Si-Bone Could Slide When IPO Lockup Expires

April 15, 2019 concludes the 180-day lockup period of Si-Bone Inc. (SIBN).

When the lockup period ends for Si-Bone Inc., its pre-IPO shareholders and company insiders will have the opportunity to sell more than 15.7 million currently-restricted shares. This number dwarfs the 7.2 million shares offered in the IPO and significant sales of lockup-restricted stock could flood the secondary market for SIBN and cause a sharp, sudden downturn in share price when the lockup expires.

(Source: S-1/A)

Currently, SIBN trades in the $17 to $18 range. SIBN has a return from

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