Intchains Group Limited

ICG

NASDAQSemiconductors

-84.5%

since IPO

IPO Price

$8.00

Current Price

$1.24

Return

-84.5%▼

Market Cap

$35.6M

IPO Date

Mar 16, 2023

Lockup End

Sep 12, 2023

Lockup Status

Lockup expired 960days ago

Price Performance

Stock price vs IPO price over time (sample data)

Stock Price

IPO Price

Lockup End

Performance Summary

First Day

N/A

1 Month

N/A

3 Months

N/A

6 Months

N/A

1 Year

N/A

Since IPO

-84.5%

Intchains Group Limited (ICG) — IPO Analysis

By Kian O Connor | Updated 4/29/2026

Company Overview

Intchains Group Limited (ticker: ICG) specializes in customer service excellence while maintaining strategic capabilities in competitive advantages, positioning itself within the Semiconductors sector through quality standards and innovative technology platform. The company has developed its operations around operational excellence, creating market differentiation through specialized expertise and hybrid pricing model that supports sustainable growth and customer relationship development. The company completed its public offering on 2023-03-16, accessing capital markets during sustainability requirement increases within the Semiconductors landscape. The IPO timing reflected the company's strategic positioning and growth trajectory, with market reception emphasizing management's execution capabilities and the company's approach to customer service excellence as key value creation drivers in an evolving competitive environment. Post-IPO trading performance has demonstrated challenging market conditions requiring strategic adjustments and operational focus to demonstrate value creation potential. Market assessment focuses on the company's quality standards and strategic emphasis on competitive advantages as indicators of long-term competitive positioning within the Semiconductors sector, with investors evaluating operational execution and market opportunity capture relative to industry development trends. The lockup period expires January 22, 2024, providing market insights into management and early investor confidence in strategic direction and competitive positioning. Given the company's focus on customer service excellence and emphasis on operational excellence, insider trading decisions will likely reflect assessments of execution progress, competitive dynamics, and growth opportunity realization within the evolving Semiconductors market landscape.

Performance Overview

Since going public at $8.00 per share on Mar 16, 2023, Intchains Group Limited shares have declined 84.5%, disappointing investors who participated in the IPO. The stock currently trades at $1.24, giving the company a market capitalization of $35.6M.

Lockup Expiration

The lockup period for Intchains Group Limited expired 960 days ago on Sep 12, 2023. Insiders and early investors are now free to sell their pre-IPO shares. The post-lockup trading period is often volatile as the market absorbs any additional supply from insider selling.

Industry Context

Intchains Group Limited operates in the Semiconductors sector, which has seen varied IPO activity in recent years. The company is headquartered in the United States and is classified under SIC code . Understanding the competitive landscape and sector dynamics is essential for evaluating the long-term prospects of any newly public company in this space. Investors should consider broader market conditions, sector-specific trends, and company fundamentals when assessing ICG as an investment.

Trading History

Intchains Group Limited is actively trading in the public markets with a current share price of $1.24. The company went public at $8.00 per share, representing a decline of 84.5% from the initial offering price. With a current market capitalization of $35.6M, Intchains Group Limited continues to establish its presence as a publicly traded entity in the Semiconductors.

Important Disclaimer

This analysis of Intchains Group Limited (ICG) is provided for informational purposes only and should not be construed as investment advice. All data is sourced from SEC EDGAR filings and public market feeds. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a qualified financial advisor before making investment decisions. IPOLockup.io is an independent research platform with no financial interest in any of the companies covered.

Insider Selling Activity

Estimated insider trading activity around lockup expiry period (sample data)

3

Pre-Expiry Average

Minimal

75

Expiry Day

High

56

Post-Expiry (30d)

High

Activity Heatmap

60 days before/after lockup expiry

Intensity Scale:

Minimal

Low

Moderate

High

Very High

Lockup Expiry

About This Data

This heatmap shows estimated insider selling activity based on typical patterns around lockup expiry periods. Actual data would be derived from SEC Form 4 filings. Higher intensity indicates more insider transactions, which may correlate with increased selling pressure and potential stock price volatility.

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