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Laguna Hills Today
By the People, for the People
ETS's Lock-Up Period To Expire on February 17th
Restrictions on major shareholders and insiders selling shares will be lifted.
Published on Feb. 12, 2026
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ETS, a NASDAQ-listed company, had issued 3,800,000 shares in its IPO on August 21st with a total offering size of $15,200,000 based on an initial share price of $4.00. The company's lock-up period is set to end on Tuesday, February 17th, after which restrictions preventing major shareholders and company insiders from selling shares will be lifted.
Why it matters
The expiration of ETS's lock-up period could lead to increased selling pressure on the stock as major shareholders and insiders become free to sell their shares. This could impact the stock price and trading volume.
The details
ETS, a holding company that provides last-mile delivery services through its subsidiary JAR Transportation Inc., had issued 3,800,000 shares in its IPO on August 21st with a total offering size of $15,200,000 based on an initial share price of $4.00. The company's lock-up period, which prevented major shareholders and insiders from selling shares, is set to end on Tuesday, February 17th.
- ETS had its IPO on August 21st.
- ETS's lock-up period is set to expire on February 17th.
The players
ETS
A holding company that provides last-mile delivery services through its subsidiary JAR Transportation Inc.
JAR Transportation Inc.
A wholly owned subsidiary of ETS that provides last-mile delivery services.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
What’s next
The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.
The takeaway
This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.
