Twitter had their IPO in 2013. Which of the following is not accurate The lockup refers to a portion of the IPO shares that cannot be sold in secondary market until months after the IPO date Twitter\'s IPO share price is set before shares of Twitter open for trading on secondary markets The amount of money that Twitter received from the IPO is determined by the number of IPO day O shares and the market price of those shares when Twitter shares closed for trading on the IPO Buyers of Twitter\'s stock become partial owners of the company. Solution Answer is A. THE reason is it is not ipo in true sense. Ipo is open to everyone not only few shareholders. Here owners etc are prohibited to sell so it is not portion of ipo.