Gelteq Stock Soars 470% as Lock-Up Agreement Ends

Gelteq's stock surged by 470% in pre-market trading on April 22, 2025, marking a significant milestone for the company.

Gelteq Limited has announced that certain ordinary shares are subject to a lock-up agreement ending on April 22, 2025. This agreement, which began on October 22, 2024, restricts the sale, transfer, or disposal of these shares for a period of 182 days. The lock-up period is designed to prevent company officers, directors, and significant shareholders from selling their shares, thereby maintaining market stability and investor confidence.

This lock-up agreement is a common practice in the financial world, aimed at preventing a sudden influx of shares into the market that could potentially drive down the stock price. By adhering to this agreement, Gelteq Limited demonstrates its commitment to maintaining a stable and predictable market environment for its investors.