Evolus stock falls as Bollinger Bands expand downward and KDJ death cross occurs.

Based on the 15-minute chart for Evolus, the Bollinger Bands are currently expanding downward, and a KDJ Death Cross has been triggered as of August 25, 2022 at 12:45. This indicates that the market trend is being driven by selling pressure, and the momentum of the stock price is shifting towards the downside, with potential for further decreases in the future.

Between August 25 and November 27, 2025, a significant number of Initial Public Offering (IPO) shareholder lock-ins are set to expire, releasing a substantial amount of shares valued at USD 20 billion. This period is expected to be particularly busy, with various sectors witnessing the unlocking of shares. The lock-in expiration period is crucial for understanding market dynamics and investment opportunities.

According to a report by Nuvama Institutional Equities, 57 companies will have their pre-listing shareholder lock-ins released during this period. The report notes that while the total value of shares is USD 20 billion, not all of these shares will be put up for sale. A significant portion is held by promoters and group entities.

The forthcoming unlocks encompass various sectors, indicating a busy phase for IPO lock-in expirations. The report highlights that several firms will have their shareholder lock-ins released within the one-month period concluding mid-September. GNG Electronics, for instance, will unlock approximately 3 million shares, representing 3% of the company's total outstanding equity. Brigade Hotel Ventures will release around 18 million shares, which is about 5% of its total outstanding equity. Indiqube Spaces will issue approximately 7 million shares, which is 3% of its total outstanding equity. Aditya Infotech is expected to release about 4 million shares, equal to 4% of its total outstanding equity.

The report also notes that a bigger portion of unlocks is set to happen from late August to mid-November. Belrise Industries, for example, is set to issue around 36 million shares, accounting for 4% of the company’s total equity outstanding. Prostarm Info Systems plans to issue about 2 million shares, representing 4% of its total outstanding equity. Aegis Vopak Terminals intends to release approximately 27 million shares, making up 2% of its total outstanding equity. Schloss Bangalore will issue roughly 18 million shares, corresponding to 5% of the company’s total outstanding equity.

Two major unlocks are planned within the six-month timeframe. Ather Energy will release around 162 million shares, which represents 44% of the total outstanding equity of the company; and Borana Weaves will issue approximately 3 million shares, amounting to 10% of the company's total outstanding equity.

The expiration of these lock-ins provides an opportunity for investors to analyze the market trends and make informed decisions. Experts suggest that lock-in expiries tend to bring out two kinds of investors: smart traders who use the window to take money off the table where valuations have clearly run ahead of themselves, and patient, value-driven investors who see these very sell-offs as an opportunity to build long-term positions in businesses they like.

References:
[1] https://www.livemint.com/market/ipo/ipo-lock-in-of-57-companies-to-expire-in-3-months-20-billion-shares-to-flood-stock-market/amp-11756112289663.html