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On April 22, 2025, Gelteq's stock surged by 332.22% in pre-market trading, marking a significant milestone for the company.
Gelteq's recent stock performance can be attributed to several key factors. The company's shares were subject to a lock-up agreement that ended on April 22, 2025. This agreement, which began on October 22, 2024, restricted the sale, transfer, or disposal of certain ordinary shares for a period of 182 days. The lifting of this restriction allowed for increased liquidity and trading activity, contributing to the stock's dramatic rise.
Additionally, the lock-up agreement involved company officers, directors, and holders of 4% or greater of issued and outstanding ordinary shares. These stakeholders agreed not to sell, transfer, or dispose of any ordinary shares or similar securities for six months from the initial closing of the offering. The expiration of this lock-up period has likely fueled investor optimism and speculation, driving the stock's pre-market surge.

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