Xiao-I's lock-up period expired on Tuesday, September 5th. Xiao-I had issued 5,700,000 shares in its IPO on March 9th. The total size of the offering was $38,760,000 based on an initial share price of $6.80. Since the end of Xiao-I's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.