Aquantia Could Sink When Lockup Expires

The 180-day lockup period for Aquantia Corporation (AQ) ends on May 2, 2018. When this six-month period ends, the company's pre-IPO shareholders will have the opportunity to sell more than 25.5 million currently restricted shares of AQ. The potential for a sudden increase in the volume of shares traded on the secondary market could negatively impact the stock price of AQ.

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(Source: S-1/A)

Currently, AQ trades in the $14 to $15 range. The company had a first day return of 5.7%. It also has a return from IPO of approximately 67%.

Business Overview: Provider of Advanced High Speed Circuits for Ethernet Connectivity

Aquantia Corporation designs, fine tunes, and sells advanced high-speed communication circuits for Ethernet connectivity. Its target sectors are enterprise-level corporations, data centers, and Internet access providers worldwide. Its product portfolio includes enterprise infrastructure products, cloud data center products and corporate data center products. Its Internet access products include items that provide carrier access and client connectivity.

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Disclaimer: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this ...

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