When the company is ready to go public, employees can buy the original shares. Is there a time limit for this part of the sale?

Under normal circumstances, the original shares can be sold after 1 year, and the restricted shares of the original shareholders will be listed and circulated after 1~3 years from the listing date. After the lock-up period of restricted shares ends, shareholders can directly reduce their holdings at the market price without paying the consideration.

Buyers should know whether the underwriters are qualified to distribute the original shares. Generally, the original shares underwritten by institutions authorized by the state are sold after careful investigation, and the probability of listing is relatively high. On the contrary, it is easy to be deceived.

Extended data:

Subscribe for original shares

For friends who are interested in buying the original shares, one way is to buy them through their issuance. The establishment of a joint stock limited company can be initiated or raised. Initiation refers to the establishment of a company by the sponsors who subscribe for all the shares that should be issued.

The establishment by public offering means that the promoters subscribe for part of the shares that should be issued by the company, and the rest of the shares are publicly offered to the public to establish the company. Since the shares subscribed by the promoters cannot be transferred within one year, the so-called original shares sold in society usually refer to the shares publicly offered to the public when a joint stock limited company is established.

Another way is to buy through its transfer. The shares held by the promoters of the company are registered shares and may not be transferred within one year from the date of establishment of the company. After one year, the transfer shall be made in the designated stock exchange, and the transfer shall be made by the shareholders by endorsement or by other means stipulated by laws and administrative regulations.

Baidu Encyclopedia-The original shares are lifted

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